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These electric vehicle stocks are back in play today

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ragingbull.com

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support@ragingbull.com

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Mon, Oct 24, 2022 02:57 PM

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Good day, Trader! Here are our top 4 trade ideas today. These setups look primed! Be the best prepar

Good day, Trader! Here are our top 4 trade ideas today. These setups look primed! Be the best prepared trader on the Street!  - [MyMD Pharmaceuticals, Inc. (MYMD)*](- Acquisitions in the small-cap biotech space heat up - MULN - Mullen appoints high level former GM executive as CCO 13% higher in pre-market  - LCID - Lucid opens first retail studio in the Middle East - WE- Cantor Fitzgerald initiates WeWork at Overweight, $8 price target *This is an Issuer-Paid Advertisement, See Disclosure Below  Sponsored By [MyMD Pharmaceuticals, Inc. (MYMD)*](- Acquisitions in the small-cap biotech space heat up Last week we saw 2 small cap biotech companies get acquired. AKUS was up over 89% on acquisition news and AVEO over 40%. Clearly big pharmaceutical companies are seeing value in underpriced small caps if they are willing to pay such premiums for these companies. Last week [MYMD]( was also up over 20% on good sentiment in the sector and overall market. It has put in a higher low around $2.20, and rallied right back to the 200-hourly moving average, which has been a point of resistance in the past.  If [MYMD]( can manage to close above this level for a few days, I think this has a great chance to make a sustained move higher.  I’ve stated previously on numerous occasions, historically [MYMD]( does not stay below $3 for long. On at least 4 occasions now since May, anything close to $2.20 or $2 has led to significant moves high in the short-term. The next resistance levels for [MYMD]( are $3 and $3.30, above that $4.50 is in play on a breakout. Also remember that [MYMD]( has told investors that they anticipate the results of FDA Phase 2 trials before the end of the year – what an exciting time to be a shareholder! [Click Here To FInd Out More About the Company Working to Significantly Increase Lifespan](  *This is an Issuer-Paid Advertisement, See Disclosure Below  Join Jeff Bishop at 11am ET for his Bullseye Trade Idea Live in the 360 Wall Street Chat Room [The Bullseye trade]( is Jeff’s best trade idea to start off the week, after a weekend of preparation and the previous week’s trading. Jeff is opening up the Bullseye Trades room today to all 360 Wall Street subscribers at 0 cost. He’s going live at 11am. Set your alarm, you don’t want to miss it. [Here is your direct link to the 360 Wall Street Chat Room](  MULN - Mullen appoints high level former GM executive as CCO 13% higher in pre-market John Schwegmen, Mullen’s new CCO, spent 35 years at high-level executive roles at GM. This is big news for a small electric vehicle company like MULN, which has a market cap of less than $200 million and is down over 90% from levels it was at last year. Furthermore, the stock has a history of big runs - earlier this year it ran over 300% from Feb to March. If the volume kicks in, this is one to watch for a potential big move today.  The $0.45 area was the pre-market high and current near term resistance. Above that the next potential targets are $0.60, $0.80 and $1. To the downside, there is a gap to fill at $0.3761. [Here is your direct link to the 360 Wall Street Chat Room](  LCID - Lucid opens first retail studio in the Middle East LCID is another electric vehicle maker down over 70% from last year’s highs. Lucid, however, is in much more advanced stages than MULN and was widely seen as Tesla’s biggest competitor from the new breed of electric vehicle makers. Perhaps this new retail location in Saudi Arabia is the beginning of something much bigger for the company moving forward in the Middle East.  LCID has been consolidating between $12.50 and $13.50 for a few weeks now. There is clear demand in the $12.50 area. Near term targets to the upside are $14, $15 and $18 above that. To the downside, if the stock fails to break out here, a retest of $12.50 is likely and then 52-week lows at $11.87. [Here is your direct link to the 360 Wall Street Chat Room](  WE- Cantor Fitzgerald initiates WeWork at Overweight, $8 price target WE was up over 7% in the pre-market after receiving coverage and an Overweight initiation from Cantor Fitzgerald. The stock is down over 75% from its SPAC pricing of $10. The $8 price target also represents a premium of over 250% from Friday’s close. Clearly Cantor Fitzgerald sees some value at these levels.  To the upside the next levels of potential resistance are $2.40, $2.60 and then a gap to fill at $2.80. Above that $3 and then $4 come into play. Below $2.20 the next potential areas of support are $2.10 and $2. [Here is your direct link to the 360 Wall Street Chat Room](  To Your Success! 62 Calef Hwy #233 Lee, New Hampshire 03861 United States Questions or concerns about our products? Email [Support@360.com](  © Copyright 2022, RagingBull - Refund Policy - Privacy Policy - Terms & Conditions  *THIS IS AN ISSUER-PAID ADVERTISEMENT, SEE DISCLOSURE BELOW*ISSUER-PAID ADVERTISEMENT. MyMD, Inc. (“MYMD” or the “Company”) HAS PAID ORWILL PAY SHERWOOD VENTURES, LLC (“Sherwood”) TWENTY-THOUSAND DOLLARS USD PER MONTH FOR THREE MONTHS (THE “INITIAL TERM”) IN CASH, SHARES OF RESTRICTED COMMON STOCK WITH A VALUE OF ONE-HUNDRED-FIFTY THOUSAND DOLLARS, AND WARRANTS VALUED AT ISSUANCE OF SEVENTY-FIVE THOUSAND DOLLARS FOR MARKETING SERVICES INCLUDING COMMUNICATING TO THE PUBLIC ABOUT THE COMPANY THROUGH SHERWOOD’S AFFILIATE RAGINGBULL.COM, LLC (“RAGING BULL”), AMONG OTHERS. THIS ADVERTISEMENT IS PART OF THOSE ISSUER-PAID MARKETING SERVICES. FOR DETAILED COMPENSATION AND MORE INFORMATION, PLEASE SEE THE FULL DISCLOSURE LOCATED AT HTTPS://BOARDROOMINVESTING.COM/MYMD-DISCLAIMER. 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 [RagingBull.com](, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. 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. [Manage your email subscriptions.](

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