Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
This is good news which means we don’t have to worry about another variant for now.
https://twitter.com/bbcrajiniv/status/1400361498300469256?s=21
If this is true, and dailymail just pulled out a conspiracy then why did they remove Portugal using Nepal variant as excuse
https://www.independent.co.uk/travel/news-and-advice/france-uk-travel-amber-list-vaccinated-b1859641.html
Britons can travel to France from monday without quarantine
Thanks stockready totally agree with your view points.
Just read this article :
Ambassadors from EU member states agreed in principle that it was too early to add the UK to the list of countries from where non-essential travel, such as tourism, is allowed, due to ongoing concerns about the rise of the Delta variant of Covid, first identified in India.
Overall infection rates in the UK are lower than in many EU countries, including France, but it is the surge in the variant in parts of the England, that concerns European governments.
The EU is expected to look again at the situation in the UK on June 14th after which it could change its stance depending of course on the spread of the virus.
The EU did add Japan to its list of countries which also contains Israel, New Zealand, Rwanda, Singapore, South Korea, Thailand and Australia.
https://www.thelocal.fr/20210603/eu-delays-adding-uk-to-white-list-for-non-essential-travel/
So in short my thoughts:
June 7th : Joint Biosecurity Centre (JBC) will give us details about how much of a trouble Indian / Delta variant is causing and whether June 21st will go ahead or not.
June 28th : Depending on what happens on 21st will set a precedent whether to move countries to green list or not
I think this will help drive sentiment towards holidays and airline recovery IMO
ATB and DYOR.
Personally I am going to ride this out and won’t get wiped out as long as this thing won’t go below 100p
Technical Analysis Update : Take this with grain of salt. It’s never been right as technicals don’t matter currently and it’s mostly driven by news.
short term technical rebound towards 116.25 before a new drop
116.25 is our pivot point.
Our preference: short term technical rebound towards 116.25 before a new drop.
Alternative scenario: above 116.25, look for 123.75 and 128.25.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the share stands above its 20 day moving average (106.092) but below its 50 day moving average (107.6942).
Supports and resistances:
128.25 **
123.75 *
116.25 **
113.25
107.32 (GBp-last)
97.25
93 **
88.75 *
84.5 **
According to Hargreaves Lansdown analyst, "As aircraft stay grounded, cash burn is likely to intensify eating into the financial buffers the airlines have built up through debt restructuring and rights issues. There is still a glimmer of hope that swift vaccination roll outs will make way for a late summer revival in fortunes, but the travel industry is now going to have to play an even bigger game of catch up." New announcements over the coming days from the Scientists at the Joint Biosecurity Centre (JBC) will help us understand the severity of the spread of the Delta variant, formerly known as the Indian Variant, and whether the full lifting of restrictions on June 21 in the UK will take place as planned.
Hi everyone,
I wanted to use this thread to share some details and outlook for people interested to know about short term changes to SP and discuss where this might be headed.
Here goes…
add me to that shout list too Red.
HAHAHHAh hang in there buddy. we are very close. Vaccination is our only metric to logically estimate upside. I think this whole traffic light bull 5hit will end then nothing will trigger constant pullbacks
I think markets will shrug this Portugal football news in a day or two and resume climb so enjoy the friday
We have to give credit where due. Red called 106p was coming. I am glad we have a balanced set of chaps on this BB to keep everyone in check and not get ahead of ourselves
I blame those MEME stocks for all these ripples in market.
I am not leaving this BB without a solid fight. I will make money and take it from those hedges!. This passenger ( me ) has seatbelt on and not leaving this aircraft until it goes to where I want it to go.
I'm going to sign off and not look at this today. Let it go as low as it wants. Bring it on....
Supports : 106p, 104p, 102.3p, 100p, 97.5....
This UK Gov was the one coming on television on Dec 20th saying people can meet indoors and enjoy Christmas when cases were sky rocketing. Only to end up in national lockdown with UK variant week later.
We all know how UK had the worst covid crisis amongst G7 nations.
Irony is insane, now they've been enlightened all of a sudden to strategically put countries in traffic light for political gain.
Major international players like BA, Emirates, Qatar have big fleets running RR Engines that fly from US -> EU -> Middle East -> Australia.
We all saw how much things have started improving over the past few weeks. So much that we have 0 UK deaths despite "Indian Variant"
Just a scare tactic move for short term pullback. I think it'll shrug off and resume upward trend.
This pullback will give us good indication where our good support is. So far 20 minutes in I see 107.50p as the lowest. Lets see if we stay about this for the weekend.
GLA and look beyond days / weeks and invest wisely.
It baffles me to see the sensitivity of this stock based on a news from a small island ( UK ) removing a Portugal from green list for few weeks...
As if all Britons are bringing 99% of revenue to engines made by RR.
Shows how this market is manipulative and not based on any logic.
Travel in Q3 and Q4 will bounce with vengeance! come on guys people have families around the world. Everyone is sick staying at home for 1.6 years. This will come back roaring like a Lion. Maybe I am crazy but I am growing increasingly confident of RR hitting 130-150p this year
I think we have built good foundations over past few weeks we have some supports now so I don't see this going below 106p. It might do some sideway yo yo between 106p-112p. And solid good news is what we need to bolster confidence and push through those resistances to see 130p
Took a heavy beating as well botbot, had to cut some losses in Apple and AMD ~$400. to adjust my RR stop losses to 95.5p.
Not giving up on this beauty. Fortune favours those with patience. I think they are just playing it safe and we are so close to vaccinating majority.
My guess :
Biden here next week.
US UK Vaccination majority complete by end of June
June 21st full freedom unlock
US, Europe and other transatlantic routes added to green list in June/July