Newly listed low floats exploding today

Plus EV maker has major announcement                                                                                                                                                                                                                                                                                                                                                                                                                 [sounds fun] Good day, 360 – sorry for the late send on this one today! Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street! WLGS - Gapping up over 80% in pre-market on 2nd day after IPO MGIH - Another recent Hong Kong-based IPO up over 50% in pre-market on no news MULN - Up over 30% in pre-market after announcing a major energy advancement yesterday, resulting in rage increases of 60-70% *A message from Wander Invest in these vacation rentals in a few clicks 👆 With Wander.com, you can unlock access to vacation rental investing without the hassle and headache of doing it yourself. [Wander REIT]( is the first and only institutional-grade vacation rental investment product. That means investors get all the tax-advantaged benefits of a REIT in a new asset category: vacation home rentals. Instead of the traditional apartment or office-building REITs, Wander REIT invests in the [best of the best of vacation rentals](. Wander REIT aims for 8% dividends and a 14% targeted total return with appreciation from hand-picked, stunning vacation homes – starting with a $2,500 minimum – without having to buy a property, change light bulbs or deal with guests. And for a limited time, new REIT investors may get an opportunity to invest in Wander’s next round of funding. [Explore this investment.]( *sponsored content, please see disclosures below WLGS - Gapping up over 80% in pre-market on 2nd day after IPO Wang & Lee Group (WLGS), a Hong Kong-based company, was a brand new IPO yesterday. The company priced 1.6 million shares at $5. The stock opened at $5.80 above the IPO price but the first day was underwhelming as the stock traded down over 40% on its first day of trade to close at $3.10. However, there were fireworks this morning in the pre-market as a buyer in early trade sent the stock as high as $14 🤯, before trading back towards the $6 area. [trade chart] $5.80 was the open price yesterday, where WLGS failed so that should be an important level to watch. Above it, targets to the upside are $8.50, $10 and $12 with the pre-market high of $14.68 above that. Given the low float there is no telling how high this can go if it can get above the pre-market high, we’ve seen these types of stocks trade above $100 in the past. Below $5.80 there is potential support at $5 which was the price of the IPO shares. Below that, targets to the downside are $4, $3.50 and then a gap to fill at yesterday’s close of $3.10. MGIH - Another recent Hong Kong-Based IPO up over 50% in pre-market on no news Millennium Group International Holding (MGIH) is another Hong Kong-based company that recently IPO'd in early April. The company issued 1.3 million shares at a price of $4. Post IPO it was trading over 50% lower, closing yesterday at $1.65. Perhaps traders picked this up in sympathy with WLGS, as the stock traded as high as $3 in the pre-market and is currently up around 40% in early trade before the open. Keep an eye out for this theme of low float IPOs of Hong Kong-based companies as that could be a trend over the next couple of days. [trade chart] $2.30 was a support level in the pre-market before the push to $3 so that will be an important level to watch. Above it, targets to the upside are at $2.60 and then $3. Above that there is a gap to fill at $3.21, with for $4 and the all-time high of $4.63 above that. Beyond that there is blue sky for this recent IPO. Below $2.30, there is potential support at $2 and then a gap to fill at $1.65. MULN - Up over 30% in pre-market after announcing a major energy advancement yesterday, resulting in range increases of 60-70% Mullen Automotive (MULN), an emerging electric vehicle ("EV") manufacturer, announced yesterday morning a major energy advancement resulting in range increases of 60-70%. The company [stated]( that “test results indicate that the Energy Management Module ("EMM") technology substantially increases the driving range and efficiency of any current EV battery.” It also [stated](, “Specific vehicle testing of a high-volume OEM electric vehicle by Element resulted in a calculated increase in range from 269 to 431 miles, which is a 60% increase in efficiency.” The stock didn’t react to the news yesterday, closing down on the day but a buyer came in late in the after-hours and the stock is over 30% higher in pre-market trade this morning. [trade chart] $0.1130 was a resistance level in the pre-market. Now that MULN is trading above it, it becomes a potential level of support and an important area to watch. Above it, targets to the upside are $0.1180, $0.1250 and then the pre-market high at $0.13. Beyond that targets are $0.14, $0.1550, $0.16, with $0.17, $0.19, $0.20 and $0.21 above that. Below $0.1130, there is potential support at $0.11, $0.1050, $0.10 with $0.950, $0.90, and $0.850 below that. Economic Calendar (EST) 9:45 am PMI composite flash 1:00 pm Baker Hughes rig count 4:35 pm Fed Speaker Lisa Cook Earnings for Today (After Market) BBL, BHP Top Headlines AMZN WHOLE FOODS PLANS CORPORATE JOB CUTS, SHUFFLES STRUCTURE: WSJ HSTO: Histogen Announces Online Publication in the Journal of Investigative Dermatology INDB Independent Bank Corp. Reports First Quarter Net Income of $61.2 Million TSLA Cathie Wood says Tesla could hit $2,000 by 2027 on robotaxi opportunity Cnbc UAL BA United Airlines: Six Boeing 737 MAX Were Delayed Due To New Flaw - More Deliveries May Be Delayed From Q3 AMTD HKD: AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday’s Closing Price AACT Ares Acquisition Corporation II Announces Pricing of Upsized $450 Million Initial Public Offering ABBV AbbVie Announces Late-Breaking Results from Phase 3 Trial Evaluating Atogepant (QULIPTA®) for the Preventive Treatment of Episodic Migraine Among Patients with Prior Treatment Failure at the 2023 AAN Annual Meeting WKEY WISeKey Semiconductors “SEALSQ Corp” Announces FY 2022 Audited Financial Results: Reports Net Sales of $23.2 Million, Net Income of $5.8 Million and EBITDA of $3.0 Million TSLA Tesla reverses and hikes prices after months of cuts, increased Model S and Model X prices in the US by $2,500. Tesla is also now offering 3 years of unlimited free Supercharging with any new Model S or X purchase by June 30th. EWQ French Manufacturing PMI dips to 45.5 in April, misses estimate. VLON Announces Stockholder Approval of Merger with GRI Bio, Inc. Implements 1-for-30 reverse split CANG Cango Inc. Announces New Share Repurchase Program ALB: Chile's President Boric Announced Late Thursday, Government Will Create 100% State-Owned National Lithium Company; Said Future Lithium Concessions Will Be Public-Private LLY Lilly expects US Medicare to reverse course, fully cover Alzheimer's drugs – Reuters TRMB: Trimble Breaks Ground On 1.7-Megawatt Solar Array at Westminster, Colorado Headquarters LTH: Life Time Closes on $45 Million Sale-Leaseback Transaction NBY: NovaBay Pharmaceuticals Launches DERMAdoctor’s New Comfort + Joy Psoriasis Therapeutic Moisturizing Cream on the QVC® Network GFAI: Guardforce AI Reports Revenue of $34.5 Million for 2022; Robotics AI Solutions Revenue Increases 245.1% APLS: Apellis Announces Validation of Four Marketing Applications for Pegcetacoplan for Geographic Atrophy SDIG Stronghold Digital Mining Announces $10 Million Private Placement to Fund Purchase of Bitcoin Miners CRON: Cronos Group Releases Cannabinoid Life Cycle Study Highlighting its Sustainable Fermentation Practices XRTX XORTX Announces Receipt of FDA Orphan Drug Designation to Treat Autosomal Dominant Kidney Disease AXSM: Axsome Therapeutics to Present Five Abstracts Including New Data from the Positive SHARP Study of SUNOSI® (solriamfetol) in Participants with Cognitive Impairment with Excessive Daytime Sleepiness in Obstructive Sleep Apnea at the 2023 American Academy of Neurology (AAN) Annual Meeting RDY Dr. Reddy's Laboratories Announces the Launch of Treprostinil Injection in the U.S. AMPS: Altus Power, Inc. Completes Development and Construction of a Four-Megawatt Solar Project in Rhode Island KOD: Kodiak Sciences Announces Upcoming Presentations on its Product and Research Pipeline at ARVO 2023 Annual Meeting SPOT Morgan Stanley Maintains Overweight on Spotify Technology, Raises Price Target to $160 from $130 SUN: Raymond James Maintains Outperform on Sunoco, Raises Price Target to $53 MCD Baird Maintains Outperform on McDonald's, Raises Price Target to $312 To Your Success! Questions or concerns about our products? Email Support@360wallstreet.io © Copyright 2022, RagingBull Refund Policy - Privacy Policy - Terms & Conditions DISCLAIMER: To more fully understand RagingBull.com, LLC’s issuer-paid advertisement disclaimer and disclosure policy located at https:// raging bull. com/paid-advertisement-disclaimer/. *PAID ADVERTISEMENT. RagingBull expects to receive around one thousand dollars for advertising from Wander.com. RagingBull is not invested in this company. 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