Another CoronaVirus spec play. Pulled back from recent highs and trading in the support band, for now. I bought in at .20 - .21 today. $18M mkt cap. 90M float. Could see a nice run on today's news: Algernon to Support Planned Phase 2 Trial of Ifenprodil for Coronavirus VANCOUVER, British Columbia, March 19, 2020 (GLOBE NEWSWIRE) -- Algernon Pharmaceuticals Inc....
Bought SONA on pullback at .67 - .70 to take advantage of the Coronavirus scare. Solid product/partnership with GE. Solid NR but currently caught up in market wide panic. Expecting a rebound.
LBL.V is hitting highest volume on TSX-V today. Very similar setup to VXL.V from last week, just before it made the big move from .14 to .325 but cheaper and much better financials. Cash flow positive. $8.4M market cap. 93M shares out. See the most recent news release with regards to positive outcomes in applying their technology to treat the Coronavirus patients...
Parameters : Position Size : %1 Risk/Reward Ratio : 3 Stop-Loss : 275 Goal : 284.2 *** NOTE : If opens too high , Goal is 290.8.
Parameters : Position Size : % 1 Risk/Reward Ratio : 3.48 Stop-Loss : 113.42 Goal : 116.51 *** NOTE : If opens too high , Goal = 120.29
Observing the rapidly developing market situation related mainly to the coranovirus pandemic, I have general thoughts about what will happen in the near future. We are currently facing a major crisis that will not end as soon as in 2008 due to the fact that the situation is much more complicated than the banking crisis in 2008. I believe that the markets will...
wait for daily confirmation like a Pin bar candle or Double Top maybe Both of them :))) then Get the Short position
The main event of yesterday was the Fed’s decision to urgently reduce the rate by 0.5%. The central bank did not wait on March 18 and caught many by surprise. The reaction of the financial markets as a whole seemed logical: the US stock market went up, the dollar was falling, gold was growing. The whole question is whether these trends will continue. We...