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Posted On: 05/16/2021 1:39:52 PM
Post# of 148893
Is a Bounce Coming for CytoDyn Inc (OTCMKTS:CYDY)?
CYDY is trading below its 50-day and 200-day moving average price of $2.85 and $3.70 respectively. Watch for reversals at the following areas 2.84, 3.06, and 3.39 above and 2.51, 2.40, and 2.07 below.
Vijay Agarwal, Business Development Director at Macleods, commented, “We are thrilled with our recently executed exclusive supply and distribution agreement with CytoDyn. We believe there is an immediate need for leronlimab in our country, to save COVID-19 infected patients who are on ventilators. We need to bring this product to market ASAP for them!”
The stock needs to break past 3.00 to rally.
https://drpgazette.com/2021/05/15/is-a-bounce...cmktscydy/
CYDY is trading below its 50-day and 200-day moving average price of $2.85 and $3.70 respectively. Watch for reversals at the following areas 2.84, 3.06, and 3.39 above and 2.51, 2.40, and 2.07 below.
Vijay Agarwal, Business Development Director at Macleods, commented, “We are thrilled with our recently executed exclusive supply and distribution agreement with CytoDyn. We believe there is an immediate need for leronlimab in our country, to save COVID-19 infected patients who are on ventilators. We need to bring this product to market ASAP for them!”
The stock needs to break past 3.00 to rally.
https://drpgazette.com/2021/05/15/is-a-bounce...cmktscydy/
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