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Good morning, 360! Here's to another crazy week in the Markets🥂 Be the best prepared trader on the Street! | | FOCUS LIST🔎 | VKTX - Up over 80% in the pre-market after reporting better than expected earnings and guidance, and positive phase 2 results for treatment of patients with obesity | MARA - Up over 10% as Bitcoin busts through $56k | SOUN - AI related stock up over 20% in pre, after closing yesterday up over 46% | | |
It looks like we have another big day for the markets out of the gate today, and small cap traders are piling into stocks that are on the move. | Just look at how many double-digit movers we have in pre-market trading today already… | | And we think this new stock has a great chance of making this list ☝️soon today. | The stock is simply called – 1847 Holdings (EFSH) | While we like the EFSH's business model, the price chart is what we're paying the most attention to right now. | You see, this sleepy little stock drifted as low as $1.25 just a few weeks ago as traders overlooked the story. | But then, recently, you'll see around the second week of February, traders woke up, read the news, and started to pile into EFSH. | They drove up the price to over $4 in about a week's time, which was over a 200% gain from the week before. | After that epic rally, there was a natural pullback, and then last week, we saw another 35% move higher over a 4-day period of trading. | Now, EFSH has cooled off again… could there be another big move today! | We're keeping our eye on it … but as always, it is critical that you come to the market with a solid trading plan and know your own risk tolerance. Make sure you spend time to research and put together a trade plan that makes sense for you. | *Sponsored content/paid advertisement. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. |
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| | HOTLIST🔥 | VKTX- Up over 80% in the pre-market after reporting better than expected earnings and guidance, and positive phase 2 results for treatment of patients with obesity | Viking Therapeutics, Inc. (VKTX) is a clinical-stage biopharmaceutical company that focuses on the development of novel therapies for metabolic and endocrine disorders. | This morning, the company announced positive top-line results from its Phase 2 clinical trial of VK2735 in the development for the potential treatment of various metabolic disorders such as obesity. | The study showed up to 13.1% placebo adjusted mean weight loss (14.7% from baseline) observed after 13 weeks of treatment. | The stock trade up over 80% in pre-market after the news | | The $75 area has acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $80, then pre-market and all time highs at $87. Beyond that, round numbers such as $90, $100, $110, $120 and $150 come into play. | Below $75, targets to the downside are at $70, $66.38, $60, $50 and a gap to fill at $38.48. | MARA - Up over 10% as Bitcoin busts through $56k | Marathon Digital Holdings, Inc. (MARA) operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. | Bitcoin has broken out in recent days from $51k to $57k and BTC related stocks are showing strength. Names to watch include RIOT, HUT and COIN. | MARA is up 8% this morning making 52-week highs. | | The first target for bulls is the pre-market high at $32.64. | Above that, $36, $40 and $45 come into play. | Below $32.64, targets to the downside are $31.40, $30 and a gap to fill at $29.19. Below that, $28, $26 and $24.43 come into play. | | | SOUN - AI related stock up over 20% in pre, after closing yesterday up over 46% | SoundHound AI, Inc. (SOUN) develops an independent voice artificial intelligence (AI) platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. | The stock was in play a few weeks back after, in a 13F filing, NVDA reported a 1.73 million share stake in SOUN. | SOUN has since held those gains, consolidated, and broke out yesterday to close up over 46%. | It is gapping higher again this morning, and is one to have on your radar. | | The $7.32 area has acted as resistance in the pre-market and will be an important level to watch. | Above it, targets to the upside are the pre-market high at $7.68 then $8, $8.50, $8.73, $9, $10 and $11. | Below $7.32, targets to the downside are $6.50, $6, a gap to fill at $5.75, $5, $4.50 and $4 below that. | | MARKET NEWS 📰 | | | 💥More Resources | Need improvement? Learn from Jason's favorite trading ideas under $10 | Get instant access to Jeff Bishop's top trading ideas | 💡Get the hottest stock ideas in Bright Ideas | 👊 Make sure you are getting our mobile text alerts – text "RAGE" to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the "1" at the front!). Don't miss out! | | Questions or concerns about our products? Email Support@360wallstreet.io © Copyright 2022, RagingBull | | DISCLAIMER | *PAID ADVERTISEMENT. RagingBull has currently been paid seventeen thousand five hundred dollars by ach bank transfer by Interactive Offers, LLC for advertising 1847 Holdings LLC for a one-day advertising program. As a result of this advertisement and other marketing efforts, RagingBull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of this advertisement, the owners of Raging Bull do not hold a position in 1847 Holdings LLC. This advertisement and other marketing efforts may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of 1847 Holdings LLC, increased trading volume, and possibly an increased share price of the 1847 Holdings LLC securities, which may or may not be temporary and decrease once the marketing arrangement has ended. As of the date of the issuance of this advertisement, the owners of Raging Bull do not hold a position in 1847 Holdings LLC., though they reserve the right to buy or sell shares in the covered company at any time following the dissemination of this communication. | FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. This advertisement is for educational and informational purposes only. All material information contained in this advertisement is based on information generally available to the public, which public information is believed to be reliable and accurate. Nevertheless, Raging Bull cannot guarantee the accuracy or completeness of the information. This advertisement does not purport to be a complete analysis of any company's financial position. This advertisement or any statements made in it is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. The statements made in this advertisement should NOT be relied upon for purposes of investing in the companies mentioned in this advertisement, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security mentioned in this advertisement or in any other security or strategy. 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