I will be sitting on the side lines for now on this but will be looking to make an entry in the low $11.00 zone to play on the pennant. Will need to watch the technical setup as well as volume and interest before I decide to make a move. I do think there is potential here and any new news on this will help the case. (Not Financial Advice)
SIGA Technologies Inc (NASDAQ: SIGA) has announced approximately $13 million in procurement orders for oral TPOXX (tecovirimat) - June 23rd
SIGA Technologies Inc (NASDAQ: SIGA) has announced approximately $13 million in procurement orders for oral TPOXX (tecovirimat) - June 23rd
Comment:
Still worth watching for the week of July 11th as the interest from this week illustrates a bullish sentiment. I will be watching on the sidelines until I see a good solid technical setup