I'm long in this stock and been studying it for quite a well.
Strong pipeline and recent news on agreement with Texas A&M University System around one of it's development related to fighting Covid-19 by inhibiting MPro enzyme.
The company also has several other programs to address Covid-19 as well as cancer, immunological diseases and pain.
Technical set-up shows the accumulation of the momentum to break above 9.5 level to target 10.5 resistance. Key level of 9.20 serves as support as well as upward 6-month channel with H&S formation.
This is just my own analysis, which I'd like to share with TV users for comments.
Put likes if you see sense and I appreciate your comments if you believe this analysis misses anything.
Strong pipeline and recent news on agreement with Texas A&M University System around one of it's development related to fighting Covid-19 by inhibiting MPro enzyme.
The company also has several other programs to address Covid-19 as well as cancer, immunological diseases and pain.
Technical set-up shows the accumulation of the momentum to break above 9.5 level to target 10.5 resistance. Key level of 9.20 serves as support as well as upward 6-month channel with H&S formation.
This is just my own analysis, which I'd like to share with TV users for comments.
Put likes if you see sense and I appreciate your comments if you believe this analysis misses anything.