VIR - long - catalyst / gap playVir Biotechnology Inc is a commercial-stage immunology company focused on treating and preventing infectious diseases. Through internal development, collaborations, and acquisitions, it has four technology platforms, focused on antibodies, T cells, innate immunity, and small interfering ribonucleic acid, or siRNA. The company's pipeline consists of product candidates targeting hepatitis B, HBV, influenza A, human immunodeficiency virus, HIV, and tuberculosis, or TB. Its revenue sources are collaboration revenue, contract revenue, grant revenue, and license revenue.
This is not a financial advice!
2 upcoming catalyst on 30rd of June 2024 and 1 in 2H 2024 and even more EOY
We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.
6.57% short float
Rel. Vol. at 1.54 - it will increase in upcoming days / weeks imo
Good news has been dropped
We might see a little PB to around 11.0 where is a good entry - you could enter at 11.50 too if u want.
Keep an eye on 14.0, 16.0 and 18.0 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.
SL under 9.5
TP approx. 22.0
Most info on the chart.
Trade carefully!
