Plus check out other biotechs soaring this morning ð¦
Good day, 360 â Here are our top investing ideas today â these setups look primed! And special alert that Ethan Harms is closing out his [$19 LottoX Trial]( Thursday before his next 0DTE session (last week his picks went 6 for 6 â surely new baby luck ð¶!). Letâs see if he can do that again! AVRO - Up over 65% in pre-market after agreeing to sell Cystinosis gene therapy program for $87.5 million to Novartis HEPA - Up over 70% after phase 2 trial success, ahead of conference call review IMMX - Up over 25% in pre after positive Phase 1 cancer treatment trial results ð Technical Trade Alert ð BIMI International (BIMI)* I want to start off your week with a new stock idea that has the potential to be a very fast mover. If you like small, volatile stocks, then BIMI is definitely one that you should look into today. BIMI has a very high level of insider ownership, a very small float, and a good amount of short interest, as you can see in these stats from [Finviz](⦠On top of all of that, right now, I think BIMI is setting up perfectly on a technical level. When I overlay my custom trade scanners, you can see that over the last few weeks, BIMI has quietly been building momentum. See the red dots I circled in the chart below? That signals a potential âsqueeze patternâ forming. When this happens, a stock is usually going to make a big move (one way or another) in a short period of time. Make sure you understand the risks and rewards of any stock you decide to trade, especially volatile, small-cap stocks like BIMI. A great place to get started is by visiting the company [website]( and learn more about what they are doing. *RagingBull has not been compensated for coverage of BIMI. Please see disclosures below. AVRO - Up over 65% in pre-market after agreeing to sell Cystinosis gene therapy program for $87.5 million to Novartis AVROBIO (AVRO) is a clinical-stage gene therapy company that develops ex vivo lentiviral-based gene therapies to treat rare diseases following a single dose worldwide. This morning the company announced it would sell its Cystinosis gene therapy program for $87.5M to Novartis. According to Finviz, AVRO only had a $37M market cap at Fridayâs close putting the sale at over 100% value of the companyâs shares as of Friday. Noavartis is a $230 billion market cap company so the fact they are buying a program from a small cap such as AVRO is also telling. The $1.25 area was support in the pre-market and will be an important level to watch. Above it, targets to the upside are $1.42, $1.50 and the pre-market high of $1.54. Beyond that, $1.75, $1.93, $2.50, $3 and $4 come into play. Below $1.25, there is potential support at $1.18, $1, $0.88 with a gap to fill at $0.7751. HEPA - Up over 70% after phase 2 trial success, ahead of conference call review Hepion Pharmaceuticals (HEPA), a biopharmaceutical company, focuses on the development of drug therapy treatment for chronic liver diseases in the United States. On Friday, the company announced it would be scheduling a conference call review and the stock proceeded to trade over 50% in the after-hours before climbing above 70% in the pre-market. It was then announced that Primary and Secondary endpoints were met in the Phase 2 chronic liver disease therapy trial. $14 was a resistance area in the after-hours and pre-market which now becomes a level of potential support. Above it, targets to the upside are at $16, and then the pre-market high of $16.53. Beyond that, $17.50, $18.50 and $20 come into play. Below $14, there is potential support at $13, $12, $11, $10 and a gap to fill at $8.87. IMMX- Up over 25% in pre after positive Phase 1 cancer treatment trial results Immix Biopharma, Inc (IMMX) a clinical-stage biopharmaceutical company, engages in developing tissue-specific therapeutics in oncology and inflammation in the United States and Australia. Today the company announced positive Phase 1 trial results for its drug NXC-201 showing a 100% overall response rate in the 8 patients in the trial. [Results were as follows](: 100% (8/8) overall response rate and 63% (5/8) complete response (MRD 10-5 ) was demonstrated by NXC-201 with zero ICANs, zero grade 4 CRS. The $2 area has so far acted as support in the pre-market and will be an important level to watch. Above it, targets to the upside are at $2.10, $2.20, $2.30, $2.40 with the pre-market high at $2.49. Beyond that, $3, $3.30, $4 and $5 come into play. Below $2, there is potential support at $1.95, $1.80, $1.75 and a gap to fill at $1.64. 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