Moderna & Cocrystal Pharma 26/02/2020

#Nasdaq #SP500 With a few UK stocks going ballistic due to China Virus activity, a glance at the US highlights a couple of shares enjoying time in the medical spotlight. #Moderna & #Cocrystal both deserve some examination, along with a reminder prices which go up fast can equally reverse with greater brutality.

In plain English, we’re focused on the numbers but remember checking out some fundamentals makes a lot of sense.

Moderna, at time of writing 24.5, has been quite encouraging, the share price needing trading beyond 26.6 dollars to enter a near term cycle to 29.29 dollars. If bettered, secondary calculates at 31.03 dollars though, to be fair, any enthusiastic publicity feels capable of driving the price to 36 dollars. We cannot calculate higher.

Visually, the proximity of our initial two target levels tends suggest the possibility of some hesitation around the 30 dollar mark. Any reversal needs break RED (currently 18) on the chart to justify hysterics, along with the risk of reversal to 9.95 and hopefully a rebound.

Cocrystal Pharma, presently 2.15, looks very capable of some excitement with trades now above 2.5 dollars as growth to an initial 3.69 appears possible. In the event this level is exceeded, our secondary calculates at an amazing (and therefore questionable) 5.46. Our in-house cautious nature makes us hesitant, when describing a scenario allowing a price to more than double but such is the nature of the current panic, it’d be churlish not to admit this possibility.

The price would require to slip below Blue, presently 1.45, to suggest an alternative investment in running shoes!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:33:22PM	BRENT	54.28									‘cess
9:35:59PM	GOLD	1635.07									Success
9:41:41PM	FTSE	6951.4									Success
9:50:11PM	FRANCE	5603.7									Shambles
10:29:52PM	GERMANY	12649									Success
10:34:34PM	US500	3135.02	3132	3123	3032	3157	3167	3186	3196	3122	Success
10:38:13PM	DOW	27170									Success
10:42:30PM	NASDAQ	8858	8802	8740	8374	8930	8929	9004.5	9072	8836	Success
10:49:11PM	JAPAN	22138									Shambles

 

 

25/02/2020 FTSE Closed at 7017 points. Change of -1.94%. Total value traded through LSE was: £ 7,932,387,742 a change of 6.36%

24/02/2020 FTSE Closed at 7156 points. Change of -3.34%. Total value traded through LSE was: £ 7,457,826,437 a change of 17.05%

21/02/2020 FTSE Closed at 7403 points. Change of -0.44%. Total value traded through LSE was: £ 6,371,450,688 a change of 1.87%

20/02/2020 FTSE Closed at 7436 points. Change of -0.28%. Total value traded through LSE was: £ 6,254,655,479 a change of 11.64%

19/02/2020 FTSE Closed at 7457 points. Change of 1.29%. Total value traded through LSE was: £ 5,602,530,865 a change of -6.87%

18/02/2020 FTSE Closed at 7362 points. Change of -0.96%. Total value traded through LSE was: £ 6,015,855,072 a change of 44.99%

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%