CompoundingGain

259 time to FLiP iT ! 287 next

Long
NSE:PANACEABIO   PANACEA BIOTEC LTD
I'd be happy with a 207 entry , recon the dips are for buying on this the last engulfing candle was insane.

Was reading up about the Serum Institute and realised that i can't trade it so looked at what else Adar Poonawalla might do to boost production of the miracle cure ,

One theory is why not offer it to Panaceabio in which he has a 5% holding to help mass produce.

Just my train of thought feel this one should move up fast and 259 is up next which is a decent trade from here 215.40.

Not sure if the vaccine they are ready to produce based on Oxford's research is approved or not so they might get buggered either way scalp the meat of the move and move on .

287 after 259 is flipped should happen fast as well ..

Worth a trade or 2 for sure...
Comment:
came so close to my bid yet so far .. have a position at 210 though so look forward to this pumping from here on .
218 needs to be taken out first .
208 support for now.

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