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.

Hey, chart goes here

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!

Hey, chart goes here

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%

This post has already been read 111 times!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.