Member Info for mact4

You misunderstand the value of charts. They help show probability and possibility. Two different people reading the same charts can come to different conclusions! For instance, I could not see the wedge Torny alluded to but he got so many price calls right, that I did not dare publicly disagree! ;-)
the 120-125 level is a fibonnacii retracement level and Elliot wave extension level. I called that a while back but that does not mean I want price to go there! Might still avoid this level but given this lack-lustre presentation, I suspect not. Hopefully, it will only be a brief visit to this level.

Agreed. Very downbeat tone to the presentation, especially from the profs.
Shame. Still not a reason to sell though.
Next price support level at 120-125p. Ouch. Price should hold at this level.

"Select patients by breathlessness" - makes it easy for GPs and patients to self-select who needs SNG! Next day delivery, inhale for 14 days - job done! :-)

Bumping this thread as SeaBoy's post is rather comprehensive.

Just a thought (sorry if already raised), BJ said he is looking for a couple of treatments (paraphrasing!) by autumn. This could be taken as an unofficial acceptance that C19 will resurge again following the relaxing of restrictions, and as we enter the flu-season.

Thank you, WiltsInvestor. That is kind-of my opinion, too but there is simply too much argumentative reasoning to plough through on a daily basis. State your opinion or reasoning, reply to any challenges in a constructive way then leave it to other readers to form their own opinion. As it stands, simply too much unnecessary aggression.

Worth noting that BJ also talks about having medicine ready by the autumn. Any existing potential contenders need to be in a position to complete or have completed their trials very soon.
Pills are without a doubt the preferred method for any government but as another poster mentioned, with positive trial results, government will not be able to ignore SNG. August timeline also fits with SNG.

Agreed Matterhorn: Whatever the reason, it's water under the bridge.

There has been much speculation previously, perhaps even some comments from Horby to that effect. If memory serves me right, it was Prof W who was surprised that we were not on Recovery, but not RM nor Prof H. Just recalling from my memory - which is undoubtably faulty!

Thanks Dafad

But i do agree with the others. Without news coming from respectable, identifiable sources, these videos and twitter posts will have limited impact now.

I must admit, with teeets, I first look at who the tweeter is and how many followers S/he has. Afterall, anyone can post a tweet, but will not necessarily have much influence.

Now where are our airport plane sleuths when we need them?!

That's the 50% retracement zone from the low of 75 to the most recent high of 195.

Am looking out for a divergence to add some more.

Smacks of a certain desperation for a cheap repurposed therapeutic to combat Covid19. Nothing so far since Dexamethasone.

Guess it’s not as bad as the push for ivermectin and hydroxychloroquine. They turned out well... lol

I've had my second dose of vaccination but I know what I would like in my fridge and to hand - SNG

I have paracetamol, inhalers, anti-inflammatories, cough sweets, bandages, plasters, etc in my medicine cabinet. I really can see SNG eventually making it's way into personal medicine cabinets, never mind pharmacists up and down the country and abroad.

Mike/Denny - Raph's chart shows a triangular pattern and an inverse head and shoulders pattern. Both patterns precede a breakout in the direction of the prevailing trend aka upwards (FWIW I don't totally agree with the triangle pattern but the upper trendline works for me). You can apply the same principle to the indicators.

A divergence or hidden divergence will confirm the price direction as seen towards the end of last year when price hit 75p.

As for the numbers - all depends on the strength of news. Very good news exceeding market expectations will see SP shoot past all previous support/resistance points (aka 20 July). Anything less will see SP potentially held back at the previous price points.

Interesting article in the Guardian today:
https://www.theguardian.com/society/2021/apr/11/is-vaccinating-against-covid-enough-what-we-can-learn-from-other-countries

"The importance of this last point was stressed by Prof Lawrence Young, a virologist at Warwick Medical School. “I think that Chile shows the danger of being too reliant just on vaccines. Vaccines are fantastic but they’re never going to be a solution on their own and what is happening in Chile provides us with a very clear warning.”

"Chile therefore reveals the dangers of vaccine hubris."

MACD is also poised to break out of a triangular pattern.

Timing is notoriously difficult and we all know the breakout will coincide with news. However, some chart extrapolations and do support movement in the next week to weeks. In fact, there are several confluent price points suggesting multiple upwards price movements coming very soon.

I think NCYT has a little further to fall - possibly to the low 200s.

Salutory lesson on what one poor RNS could do.

I'm sorry, I am still quite confused about what point Teamwork is making as there are one too many negatives used. Is that twitter link your thoughts, Teamwork? If so, it is a lot clearer and well-put! I understood the opposite from your post.

"The signal will be weaker as the people are less ill.. but as long as they stay out of hospital job done"

Team: Huh?

True, Kevin but he could have been referencing the chart he showed at the beginning, the one showing the difference between the placebo and the SNG effect. He certainly went on to mention the noticeable positive difference at day 10 (or maybe day 15) compared with day 28 - again referencing that chart.

Agreed though - not useful to read to much into every word. Once I got over the initial shock of his comments, re-listened to the recording and the context (i.e. replying to Herman), RM did sound positive.