Considering the current circumstances this is huge!
Developing a non-invasive (no touching needed) way of predicting COVID-19 is ingenious.
Instead of having huge turn around times pharma companies have to develop, produce and deliver these guys have developed a product with huge scope to roll out quickly for the masses.
Having partnered with Wesure/Wefit shouldn't be discounted either.
The WeChat platform has over 1.17 BILLION monthly users!
'As of mid March 300million WeChat users used the platform for pandemic updates and online health consults and AI powered self assessments!'
To add to that Brazil is collapsing under the weight of new infections.
The fact that MYQ has gone in to these markets shows they are at the top of their game and are looking at scaling this new solution quickly.
I've been quietly adding to my hold cause of MYQ's potential upside in the health space. This new development is just icing on the cake.
From a TA perspective it looks like the SP is about to fly as it's just broken resistance on the monthly. With the MACD looking very juicy indeed!
If she hits mid 30's then it's looking like smooth sailing up to 50c in the the very near future...
AIMHO
DYOR![]()
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Considering the current circumstances this is huge!Developing a...
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