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It’s Astra Zenica Day AZN – how will the latest news affect stocks

Well, this is REALLY exciting. The AZN covid jab is in front of European Regulators for a decision today but I don’t think this will affect the share price. Maybe it will go up if they decide the shot is not causing blood clots, but it will go up anyway. Why? Because the UK is reporting it doesn’t have enough supply of the vaccine. So if the Europeans don’t want it we’ll take it.

I’m expecting my first target in the next couple of days and then aim for the second target on a breakout of the downward trend.

A rosy day for AZN, I think the UK shortage plus the Euro acceptance could cause fireworks, or it could do nothing at all because of rising Yields.

My portfolio started the day up 11%, I have no losing trades or stocks. Not one. No red, just green.

 

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