Trader’s Cafe2 Aug 2021 22:39
Looking good. Closing above the 50 day moving average (74.80p) would be very positive and a move to 84p should follow. It seems the bottom was at 69p. Zak Mir Wrote today:
"The low for shares of biotechnology company Tiziana (TILS) in May was 69p, and it has been interesting in recent sessions how support for the stock has repeatedly come in at this level. This may indicate that a base is finally in for bulls of the company. The last meaty biotech news from Tiziana was at the end of June was that it has signed an agreement with FHI Clinical, a global clinical CRO, to conduct a Phase 2 Proof-of-concept study in Brazil to evaluate the safety, tolerability and efficacy of intranasal Foralumab in hospitalized patients with severe coronavirus disease 2019 (COVID-19) and pulmonary inflammation. One would assume that we are due a fresh RNS in this vein soon. Last month we learnt that the Forms 20-F and F-6 filed by Accustem Sciences with the SEC have been declared effective, enabling the completion of the in specie distribution and spin out of Accustem Sciences, the leading breast cancer diagnostic".