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Tesla is up on big Morgan Stanley upgrade, AI supercomputer

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360wallstreet.io

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360wallstreet@mail.360wallstreet.io

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Mon, Sep 11, 2023 01:31 PM

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Check out all the big news ?

Check out all the big news                                                                                                                                                                                                                                                                                                                                                                                                                 September 11, 2023 *Together with (Nasdaq: GAME) Good day, 360 – Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street! CRNX - Up over 60% in pre-market after Phase 3 trial success BLRX - Up over 20% in pre after receiving FDA approval for stem cell treatment for patients with Multiple Myeloma TSLA - Up over 6% in pre after Morgan Stanley upgrade and price target increase *A message on behalf of GameSquare 🔥 Hot Stock of the Day 🔥 GameSquare Holdings, Inc (NASDAQ: GAME) Why do the [Dallas Cowboys](, [Tony Hawk]( and [Ninja]( all love this $2 stock? Many reasons…but after digging into it over the weekend, we’re convinced GAME is one of the best opportunities in the whole market right now.  Just a few weeks ago GAME [announced]( their quarterly earnings report. Look at some of the highlights: 👉Record pipeline and recent contract wins expected to accelerate revenue growth in second half of 2023 👉Company reiterates 2023 full-year guidance reflecting sales of $75 to $80 million, and gross margins of 30% - 35% 👉Recently closed multiple seven figure, multi-year deals with customers across the healthcare, automotive, and CPG sectors 👉Removed an estimated $5 million of annualized operating costs during the quarter and continues to expect to realize at least $8 million of total annualized cost savings by the end of the year. Folks, this is a company that is hitting on all cylinders right now, yet the stock has slowly drifted lower and lower during the summer doldrums. If there has ever been a candidate for a strong reversal, it has to be GAME right now. Make sure GAME is top of your list 📝 of stocks to look at today – you won’t regret it! Before you ever trade any stock, make sure you understand the risks and rewards involved. Always have a game plan that makes sense for you. Get started on your research by visiting GAME’s [website](. *Sponsored by GameSquare, please see disclosures below CRNX- Up over 60% in pre-market after Phase 3 trial success Crinetics Pharmaceuticals (CRNX) is a clinical stage pharmaceutical company that focuses on the discovery, development and commercialization of therapeutics for endocrine diseases and endocrine-related tumors. Over the weekend, [the company announced]( that it had achieved the primary and all secondary endpoints in the phase 3 Pathfndr-1 study evaluating treatment of patients with Acromegaly. Its drug, Paltusotine (an oral, once-daily investigational compound), showed statistical significance at 83% compared to patients taking the placebo at just 4%. The stock is up over 60% in pre-market after the release of the results. The $25.12 area was support in the pre-market and will be an important level to watch. Above it, targets to the upside are $26.30, $27.30 and then the pre-market high at $29.19. Beyond that, $30, $32 and $34 come into play. Below $25.12, there is potential support at $23, $22, $20.60, $19 and a gap fill at $15.97. BLRX - Up over 20% in pre after receiving FDA approval for stem cell treatment for patients with Multiple Myeloma BioLineRx Ltd (BLRX) is a pre-commercial-stage biopharmaceutical company that focuses on oncology. This morning, [the company announced]( that the FDA had approved the company’s drug APHEXDA (motixafortide) in combination with Filgrstim to mobilize hematopoietic stem cells for collection and subsequent autologous transplantation in patients with Multiple Myeloma. APHEXDA is the first innovation in stem cell mobilization for multiple myeloma to be approved in the U.S. in a decade: One dosage of APHEXDA plus filgrastim enabled a majority of patients to achieve the collection goal of ≥ 6 million hematopoietic stem cells among a contemporary population of multiple myeloma patients. Chief Executive Officer of BioLineRx Ltd Philip Serlin [stated](, “Given the strong efficacy data shown in the GENESIS trial, which included patients who are representative of the current multiple myeloma patient population, we believe APHEXDA will play a critical role in addressing unmet needs and introduce a new treatment paradigm for this challenging cancer." In this contemporary population, patients in the APHEXDA plus filgrastim arm were able to mobilize more than four times the amount of stem cells with a single dose over a 24-hour period compared with placebo plus filgrastim. BioLineRx expects to make APHEXDA available later this month. The stock is up over 20% in pre-market on the news. $2.50 has acted as support so far in the pre-market and will be an important level to watch. Above it, targets to the upside are $2.62, and then the pre-market high at $2.90. Beyond that, $3, $3.20, $3.40, $3.60 and $4 come into play. Below $2.50, there is potential support at $2.44, $2.20 and a gap to fill at $2.09. TSLA - Up over 6% in pre after Morgan Stanley upgrade and price target increase Tesla Inc (TSLA) designs, develops, manufactures, leases and sells electric vehicles, and energy generation and storage systems in the United States and internationally. This morning, [Morgan Stanley upgraded]( the stock from neutral-weight to overweight and raising its price target from $250 to $400. Given the size of the investment bank and the number of its clients, this type of upgrade and have an impact on the stock price and we’re seeing that with TSLA up 6% in pre-market. Analyst Adam Jonas cited [AI opportunity]( as part of the reasoning why TSLA could head to over $400 over the next 12 months. TSLA is finding support this morning at the $263 area. Above it the first target is $264 and then the pre-market high at $266.34. Beyond that, $269, $272.90 and $280 come into play. Below $263, there is potential support at $262, $261.30, $259.50, $256, $254 and a gap fill at $248.50. [Economic Calendar]( *This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull Full Disclosures *ISSUER-PAID ADVERTISEMENT. RagingBull has been paid ten thousand dollars by ach bank transfer by GameSquare for advertising from a period beginning on september 11, 2023 through september 14 of the same year. RagingBull previously has been paid fifteen thousand dollars by ach bank transfer by GameSquare for advertising from a period beginning on July 12, 2023 through July 14 of the same year. RagingBull has previously been paid twenty thousand dollars by ach bank transfer by GameSquare for advertising from a period beginning on July 5, 2023 through July 7 of the same year. To date, RagingBull has been paid a total of forty-five thousand dollars from GameSquare. As a result of this advertisement and other marketing efforts, Raging Bull 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 GameSquare. 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 GameSquare, increased trading volume, and possibly an increased share price of the GameSquare 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 GameSquare, 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. 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The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently, companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the corporate awareness program ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our website / media webpage. The information in our website / media webpage is believed to be accurate and correct but has not been independently verified and is not guaranteed to be correct. NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. 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