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This stock is skyrocketing on merger news

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Wed, Dec 14, 2022 02:08 PM

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Here are our top 3 trade ideas today – these setups look primed! Good day, 360 – Here are

Here are our top 3 trade ideas today – these setups look primed! Good day, 360 – Here are our top 3 trade ideas today – these setups look primed! And check out our NEWEST addition at the bottom, Market News. Let us know what you think! VLON - Vallon Pharma explodes over 200% in the pre-market on GRI Bio acquisition DAL - Delta guides higher, beats consensus estimates PLUG - 3% higher in pre-market after Buy rating from UBS and $26 price target Jason Bond & Jeff Bishop Reveal… The secret strategy casinos and insurance companies use to tilt the odds in their favor [And how to apply this to your trading!]( Wednesday at 1:30PM ET.. Jason & Jeff Detail How You Can Access These High-Probability Trades [⇒ Click To RSVP ⇐]( VLON - Vallon Pharma explodes over 200% in pre-market on GRI Bio acquisition VLON announced that it would acquire 100% of the outstanding equity interest in GRI Bio by way of reverse merger in an all-stock transaction. The combined company will focus on advancing GRI Bio’s innovative pipeline of NKT cell regulators for the treatment of inflammatory, fibrotic and autoimmune diseases. The pre-market high was $0.99, that will be an important test for bulls on market open. On the longer term chart, above the psychologically important $1 level the next levels of potential resistance are $1.16, $1.46 and then $1.93 above that. Below $0.99 potential areas of support are $0.68, $0.62, $0.55 and $0.47 below that. The stock closed at $0.2516 yesterday. DAL - Delta guides higher, beats consensus estimates This morning DAL announced that it sees FY22 adj EPS of $3.07-$3.12 vs the $2.89 estimate. They announced that they expect FY23 EPS to be $5-$6 vs the $4.80 keeping them on track for their 2024 earnings target of over $7 per share. The stock traded over 4% higher in the pre-market on the news. $34.50 looks like it will be an important pivot in today’s trade. Above it the next potential targets are $35.50, $35.80-$36, and $36.88. Above $37, $39 comes into play. Below $34.50 areas of support potential support are $34, $33.50 and $33. Below $33, $31 comes into play. PLUG - 3% higher in pre-market after Buy rating from UBS and $26 price target UBS analyst Manav Gupta initiated coverage on Plug Power (PLUG) with a Buy rating and announced a price target of $26. This price target represents an upside of over 75% from current levels. The analyst stated that Hydrogen will likely be a $10 trillion market opportunity by 2030 and that PLUG remains poised to be a leader in the space. He projected the company’s sales to hit $5 billion by 2026, Targets to the upside for PLUG in the short-term are $15 and then $16 with $16.75 above that. To the downside, potential levels of support are at $14 and $13.30. 52-week lows in the name are at $12.70. Economic Calendar Wednesday MBA Mortgage Applications 7:00 am ET Import and Export Prices 8:30 am ET Atl. Fed Business Inflation 10:00 am ET EIA Petroleum Report 10:30 am ET Fed Speakers Schedule for Wednesday FOMC Announcement 2:00pm ET Fed Chair Press Conf. 2:30pm ET MSFT Microsoft Invests in Silicon-Battery Material Upstart - WSJ TSLA Some Banks that Financed Musk's Twitter Takeover are Prepping to Take Losses on $13B in Loan Package, Early As Q4 – RTRS Sources - May Have to Write Down $10B in Loan to Twitter by as Much As 20% - Likely to Account for Twitter Loan so it Is Not a Significant Drag on Earnings “I will make sure Tesla shareholders benefit from Twitter long-term” -- [Elon Musk]( TSLA Goldman Sachs analyst Mark Delaney maintains Tesla with a Buy and lowers the price target from $305 to $235 HROW: Harrow Enters into Agreement to Acquire Exclusive U.S. Rights to ILEVRO®, NEVANAC®, VIGAMOX®, MAXIDEX®, and TRIESENCE®- Harrow Announces Proposed Offering of $100 Million of Senior Notes Due 2027 and “BB” Rating from Egan-Jones- HROW Prices $25M Offering. 2.37M shares at $10.52/share SOFI up pre market on news that CEO Noto acquired 1.13M shares To Your Success! 62 Calef Hwy #233 Lee, New Hampshire 03861 United States Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull - Refund Policy - Privacy Policy - Terms & Conditions DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [( FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of []( or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. [RagingBull.com](, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with [RagingBull.com](, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, [RagingBull.com](, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. [tw]( Update your email preferences or unsubscribe [here]( © 360wallstreet 62 Calef Hwy. #233 lee, NH 03861, United States [Publish on beehiiv](

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