(NEW YORK)-As cases of coronoavirus infection increase to countries now outside China now may be the time to reenter this wild sector after sharp pullback from recent highs.
In made note to our subscribers that the recent pullback in coronavirus stocks, after their initial run, offered a good reentry level for traders looking to take positions at more reasonable valuations and technical levels.
Some of Stocks on Watch
below is just a select few small cap plays under we have placed on watch during this ongoing outbreak
NNVC – NanoViricides
CODX – Co-Diagnostics
INO – Inovio Pharmaceuticals
CBLI – Cleveland Biolabs
LLIT – Lianluo Smart
AEMD – Aethlon Medical
APT – Alpha Pro Tech
CODX Upgraded on Test Kit
Ludlow Research placed Co-Diagnostics (CODX) on its watch list on news that company was in process of completing their test kit for the coronavirus. They stated any confirmed cases of coronavirus in cities such as New York City or Los Angeles could propel CODX to $5.00+, with potential of $10+ on any purchase orders of test kits.
First Case in India
On Thursday the first reported case of coronavirus was reported in India as the World Health Organization (WHO) decides today if to declare a global health emergency.
This is a developing story – to receive updates on stocks trading during this outbreak register to our free investor network https://wallstreetnewscast.com/investors/
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