As i wrote and here we go:
Quote:I suspect we'll get a short attack (Bear Raid) before the Covid results are announced!
Mild to moderate results will be published immediately when the FDA reviews the results and wants / needs to inform the public.
I expect we'll see the results between July 17th through July 24th.
Fortunately, PDUFA will be earlier on July 10th and hopefully without delay. So the shortis still have exactly 3 trading days to start an attack and screw stop-loss investors and nervous nellies.
I guess it will be a shorttime and medium to heavy attack. Either you take the stop loss out and take a risk if PDUFA Info doesn't get quick approval and thus a course correction takes place (which I don't think).
Or if a phase 3 for MtM is required for Covid results due to insufficient informative value of 75 probands.
Some possible chart analysis scenarios for the PPS ...
Almost all indicators have consolidated "for a short time", but since there is not much time when positive results are aroundcome, I see a short dip as given and therefore possible.
Since there was no news today, it will be exciting whether the gap will be closed at $ 6.08 or it goes down to the second barrier, clearly it can only happen tomorrow or on Thursday - or might not at all, because there are too many interested parties on the buyer side.
I take risks and go without Stop-Loss!
IMHO & GLTA & SLSS (Stay Long Stay Strong) & CU@10
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