1/29/23

Greetings Readers,

Biotech companies are quickly becoming an essential part of the modern economy.

Developing cutting-edge products and treatments, they are revolutionizing how we view and approach health and healing.

In fact, there are several reasons why one might want to closely watch biotech companies:

• Biotechnology companies often have a large potential for growth, as they are often working on developing new and innovative products and treatments.

• They are often at the forefront of advances in medicine and technology, which can lead to significant breakthroughs.

• Biotech companies are often focused on developing treatments for serious or life-threatening illnesses, which can lead to strong demand for their products and services.

• Biotech companies can often have a high level of volatility, which may lead to significant valuation swings.

We’ve been tracking one such biotech company closely and want to bring them to your attention ASAP.

At 9:15AM EST Monday, a full Nasdaq report will be coming your way.

But before the report arrives, here’s a few pressing details to sink your teeth into.

#1. This is a low float profile which means volatility could pop up at a moment’s notice. Yahoo Finance reports a float of fewer than 4Mn shares.

#2. Since the beginning of the month, this profile appears to have bottomed out and has been grinding vertically. With a low float and it trending green on a near daily basis, it may be a matter of time until a potential catalyst (like positive news) hits it with a breakout spark.

#3. Taking a look at this profile’s chart, it is trading above multiple lines of potential support. If potential support continues to grow at those key levels, this profile could near squeeze territory as it closes in on its 200-Day Simple Moving Average.

For now, enjoy the rest of your weekend.

But tomorrow at 9:15AM EST, make sure your schedule is cleared for this complete Nasdaq biotech report.

Talk again soon.

Sincerely, 

Virtus Junxit