AwesomeStocks Hello! New Alert: Avalon GloboCare Corp. (NASDAQ: ALBT) ALBT is our new NASDAQ high volatility alert that reminds us of our last big winner. ALBT has a chart setup that earlier this month resulted in gains of more than 66%. Increased market volatility over the past month is presenting a unique opportunity for a potential repeat of these massive gains. ALBT has been trending in a consistent range for the past few days, closing yesterday at just 1.85. ALBT is presenting what could be a bottoming formation and a potential rebound opportunity. ALBT has a 50 day moving average of 2.88, more than 55% above yesterdayâs close. In the past few months, the 50 day moving average has acted like a magnet for some of ALBTâs biggest rallies. There have been several of these big moves. For example, earlier this month, ALBT rallied upwards of 66% in just a few days. But thatâs not all⦠On some occasions over the past few months, when ALBT rallied above its 50 day moving average, it had even bigger moves toward its 200 day moving average in the following few days. Today, ALBT has a 200 day moving average of 4.48 â that is more than 142% above yesterdayâs close of 1.85. ALBT is a âclinical-stage biotechnology company dedicated to developing and delivering innovative, transformative cellular therapeutics, precision diagnostics, and clinical laboratory servicesâ. ALBT also provides âstrategic advisory and outsourcing services to facilitate and enhance its clientsâ growth and development, as well as competitiveness in healthcare and CellTech industry marketsâ. ALBT operates through âits subsidiary structure with unique integration of verticalsâ. This provides it with a potentially compelling competitive advantage. From âinnovative R&D to automated bioproduction and accelerated clinical developmentâ. ALBT is âestablishing a leading role in the fields of cellular immunotherapy (including CAR-T/NK), exosome technology (ACTEXâ¢), and regenerative therapeuticsâ. Last month, the company âacquired a 40% interest in Laboratory Services MSO, LLC (âLSMâ), a premier clinical diagnostics and reference laboratoryâ. Headquartered in Costa Mesa, California, âLSM provides a broad portfolio of diagnostic tests including drug testing, toxicology, pharmacogenetics, and a broad array of test services, from general bloodwork to anatomic pathologyâ. As the company further explains: âSpecific capabilities include STAT blood testing, qualitative drug screening, genetic testing, urinary testing, sexually transmitted disease testing and more.â âLSM has a sophisticated and state-of-the-art facility for clinical diagnostics and reference laboratory. It has also developed a premier reputation for customer service satisfaction and fast turnaround time in the industry.â Furthermore: âLSM has completed over 600,000 tests since inception and currently has two operational locations in California.â Since the start of the year, ALBT has announced multiple accomplishments. In January, the company announced: âAvalon GloboCare Announces the Deployment of Breakthrough Fusion Gene Map Technologyâ - âEnabling the Development and Commercialization of Companion Diagnostics and Novel Therapeutic Targets for Leukemia Patientsâ As the company further explains: âFusion genes are important genetic abnormalities in leukemia. Using advanced gene sequencing technology, called âWhole Transcriptome Sequencingâ (WTS), multiple previously unknown fusion genes were identified which may potentially establish novel diagnostic and therapeutic targets.â Here are the companyâs comments from this press release: ââFusion genes are crucial in the diagnosis and treatment of leukemia. All well-known fusion genes are founder variations and constitute critical causative factors and can serve as important indicators of disease diagnosis,â stated David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon GloboCare. âAvalon is applying the bioinformatics from the fusion gene map with the goal of accelerating the development and commercialization of companion diagnostic kits and devices to enhance personalized clinical management of leukemia patients.â Importantly: âThe first diagnostic prototype is expected to enter clinical study and regulatory filing stage during Q3 of 2023. The fusion gene map technology also provides an unprecedented opportunity to identify and validate fusion gene products as potential novel therapeutic targets. Additionally, this gives us an opportunity to expand Avalonâs R&D pipeline and intellectual property portfolio.ââ In addition, the company also announced: âAvalon GloboCare Announces Issuance of Key U.S. Patent for Multiple Novel QTY-Code Modified Cytokine and Chemokine Protein Receptor Moleculesâ As the company further explains: âThe âQTY Code,â is a breakthrough technology that can turn difficult to work with water-insoluble transmembrane receptor proteins into water-soluble proteins, greatly enhancing the solubility of designer peptides and proteins, therefore expanding the repertoire of selected therapeutic targets against cancers and other diseases.â In addition, as the company explains: âWe are pleased to be granted this key patent by the USPTO which expands our intellectual property portfolio,â stated David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon GloboCare. âWe have jointly filed 16 patent applications, co-invented with key strategic partners, including a top-5 U.S. university, a leading education and research center in Europe, as well as a premier multi-national developer of cellular therapies in the field of oncology, and this issuance further enhances our position as a leader in immuno-oncology and cellular medicines.â Most recently, the company announced a big accomplishment: âAvalon GloboCare Announces Closing of Strategic Investment in Laboratory Services MSO, a Leading Clinical Diagnostics and Reference Laboratory Companyâ Here are the highlights from this press release: - âTransaction Expected to Be Accretive to Earnings Through Profit Sharing Agreementâ
- âAdds Strong Clinical Synergies to Existing Avalon Portfolioâ
- âMarks Launch of New Roll-Up Strategy Targeting Toxicology and Pharmacogenetic Laboratoriesâ ALBT has multiple potential catalysts in its favor to experience increased growth. Make sure to do your own due diligence. Sources: [ACS]( [LLS]( [Presentation]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). 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