PAA 0.00% 19.5¢ pharmaust limited

Interesting comments and comparison's overnight folk's with...

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    Interesting comments and comparison's overnight folk's with particular attention brought to the ' similarities ' in the pattern and behavior of Pharmaust Share Price ....... which of course hasn't quite got completed as in the comparison to Moderna's latest move. However the moving averages are still ' uncannily ' similar........sneaky.png


    https://hotcopper.com.au/data/attachments/2303/2303335-b72d465522bb82023ae3cd20bbde2cb9.jpg

    Biotechs: Moderna Leaps, BioNTech Slips

    Moderna (MRNA) rocketed 9% higher after publishing study results showing "robust" immune-system response in a larger group of people injected with a SARS-CoV-2 vaccine candidate. The drug produced no serious side effects, the article said. The drug will move on to a more decisive trial phase later this month.


    Moderna stock is rising off a test of support at its 10-week moving average, finishing Tuesday's session 16% below an 87.10 buy point in an eight-week cup base.


    https://hotcopper.com.au/data/attachments/2303/2303336-2e74481aad178be5dea18f1afc601bbf.jpg

    And just a further BIG Pharma trading note ......wink.png


    On the IBD 50 list, drugmaker Bristol-Myers Squibb (BMY) rode the sector optimism, rising 1.7% in early action. The stock has been fighting to break back above resistance at its comverged 10- and 40-week moving averages. The stock is 11% below a cup base buy point at 65.44.


 
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