Optibiotix Health 18/02/2020

#Gold #SP500For some reason, we’ve had a pile of “health” companies feature in our emails. Optibiotix are the latest request, a company whose focus looks to be feeding the pro-biotic market and its perceived healthy gut benefits. If nothing else, they doubtless contribute to ceaseless adverts featuring eye candy running around on beaches, actors proving their real advantage was genetic!

It can be assumed the writer has an axe to grind, once consuming virtually every type of “healthy gut” product during a prolonged period prior to diagnosis of Coeliac Disease, the gluten intolerance thing. Since eliminating gluten from the diet, all musical gut productions ceased, along with a healthier wallet thanks to no longer purchasing pro-biotic products.

Optibiotix share price has proven interesting this year, suggesting it need only trade above 72p to produce some real growth with an initial target calculating at 83p. If exceeded, our secondary comes in at 96p. If triggered, visually there’s a change of some hesitation at 83p, along with a near certainty of a glass ceiling should 96p be achieved.

Only with closure above 96p will we dare admit the price will look capable of challenging 2018’s high of 133p.

If trouble is planned, the price needs reverse below Red, presently 48p, to justify hysterics. Initially we’re able to calculate drop target of 39p but the real danger comes if such a level breaks. Simply put, we can’t calculate a bottom.

For now, it looks pretty capable of displaying some growth anytime soon. Perhaps the share price is awaiting the release of some important news.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:29:52PM	BRENT	57.45									‘cess
9:34:25PM	GOLD	1581.54	1579	1577.5	1575	1584	1585	1589	1593	1578
9:36:32PM	FTSE	7429	7403
9:38:22PM	FRANCE	6081.5	6055
9:39:55PM	GERMANY	13786	13749
9:41:52PM	US500	3388.92	3379	3376.5	3371	3390	3391	3395.5	3406	3382
9:43:35PM	DOW	29473	29400
9:45:32PM	NASDAQ	9660.62	9646								‘cess
9:48:01PM	JAPAN	23498	23324								‘cess

 

 

17/02/2020 FTSE Closed at 7433 points. Change of 0.32%. Total value traded through LSE was: £ 4,149,027,770 a change of -24.37%

14/02/2020 FTSE Closed at 7409 points. Change of -0.58%. Total value traded through LSE was: £ 5,485,879,910 a change of -17.68%

13/02/2020 FTSE Closed at 7452 points. Change of -1.09%. Total value traded through LSE was: £ 6,664,066,181 a change of 30.17%

12/02/2020 FTSE Closed at 7534 points. Change of 0.47%. Total value traded through LSE was: £ 5,119,461,685 a change of -10.2%

11/02/2020 FTSE Closed at 7499 points. Change of 0.71%. Total value traded through LSE was: £ 5,701,269,309 a change of 0.17%

10/02/2020 FTSE Closed at 7446 points. Change of -0.27%. Total value traded through LSE was: £ 5,691,847,581 a change of -12.91%

7/02/2020 FTSE Closed at 7466 points. Change of -0.51%. Total value traded through LSE was: £ 6,535,596,145 a change of 5.4%