20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Gainers
- MYOS RENS Technology Inc. (NASDAQ:MYOS) rose 122.6% to $1.97 in pre-market trading after the company reported merger and spin out of Muscle Health unit.
- YRC Worldwide Inc. (NASDAQ:YRCW) shares rose 110.8% to $3.90 in pre-market trading after the company said it expects to receive $700 million CARES Act loan from the US Treasury.
- T2 Biosystems, Inc. (NASDAQ:TTOO) shares rose 73.3% to $2.20 in pre-market trading after the company reported preliminary Q2 sales results of $2.4 million to $2.6 million, compared to $1.8 million last year. The company also announced the US launch of its Covid-19 diagnostics test.
- Alterity Therapeutics Limited (NASDAQ:ATHE) rose 45.4% to $1.73 in pre-market trading. Alterity Therapeutics shares jumped 103% on Tuesday after the company announced it received a development pathway from its meeting with the FDA for ATH434.
- Akero Therapeutics Inc (NASDAQ:AKRO) rose 42.5% to $35.50 in pre-market trading after the company announced results of a 16-week analysis of secondary and exploratory endpoints in its Phase 2 BALANCED study of efruxifermin.
- Carver Bancorp, Inc. (NASDAQ:CARV) rose 33.5% to $8.29 in pre-market trading following a report suggesting Netflix will invest $100 million in the Black community's financial institutes.
- BIO-key International, Inc. (NASDAQ:BKYI) rose 27% to $1.13 in pre-market trading after climbing over 21% on Tuesday.
- 9 Meters Biopharma, Inc. (NASDAQ:NMTR) shares rose 23% to $0.7047 in pre-market trading. On Tuesday, SunTrust Robinson Humphrey initiated coverage on the stock with a Buy rating and a price target of $5 per share.
- U.S. Well Services, Inc. (NASDAQ:USWS) rose 22.2% to $0.5958 in pre-market trading.
- CorMedix Inc. (NYSE:CRMD) rose 20% to $7.56 in pre-market trading.
- Broadway Financial Corporation (NASDAQ:BYFC) rose 18% to $2.49 in pre-market trading. Broadway Financial shares jumped 22% on Tuesday following a report suggesting Netflix will invest $100 million in the black community's financial institutes.
- Verrica Pharmaceuticals Inc. (NASDAQ:VRCA) rose 13% to $12.43 in pre-market trading. Verrica Pharmaceuticals shares tumbled around 22% on Tuesday after the company received a letter from the FDA regarding its VP-102 NDA indicating there are deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time.
- The9 Limited (NASDAQ:NCTY) rose 11.3% to $0.89 in pre-market trading after climbing over 21% on Tuesday.
- Oasis Petroleum Inc. (NYSE:OAS) rose 10.7% to $0.83 in pre-market trading after declining over 6% on Tuesday.
- FedEx Corporation (NYSE:FDX) rose 9.8% to $154.00 in pre-market trading after reporting better-than-expected Q4 results.
- Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE) rose 9.5% to $3.69 in pre-market trading. Zynerba Pharmaceuticals shares tumbled over 48% on Tuesday after the company announced top line results from the 14-week pivotal CONNECT-FX study evaluating its Zygel in Fragile X syndrome patients.
- Iterum Therapeutics plc (NASDAQ:ITRM) rose 9.3% to $1.30 in pre-market trading. Iterum Therapeutics shares dropped over 16% on Tuesday after the company announced $5 million registered direct offering priced at-the-market under Nasdaq rules.
- Beyond Meat, Inc. (NASDAQ:BYND) rose 9.1% to $146.20 in pre-market trading. Beyond Meat will make its retail store debut in China in partnership with Alibaba Group, according to MarketWatch.
- Shiloh Industries, Inc. (NASDAQ:SHLO) rose 8.1% to $1.75 in pre-market trading after surging more than 64% on Tuesday.
- Calliditas Therapeutics AB (NASDAQ:CALT) rose 7.7% to $25.00 in pre-market trading after gaining around 17% on Tuesday.
- Oxbridge Re Holdings Limited (NASDAQ:OXBR) shares rose 7.2% to $1.50 in pre-market trading following a 40% jump on Tuesday.
- Centennial Resource Development, Inc. (NASDAQ:CDEV) rose 6.8% to $0.95 in pre-market trading after dropping over 6% on Tuesday.
- Harmony Gold Mining Company Limited (NYSE:HMY) rose 6.8% to $4.45 in pre-market trading after gaining 5% on Tuesday.
- Philip Morris International Inc. (NYSE:PM) rose 6.4% to $74.54 in pre-market trading.
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Check out these big penny stock gainers and losers
Losers
- Gevo, Inc. (NASDAQ:GEVO) fell 31.3% to $0.5449 in pre-market trading after the company reported the pricing of $18.0 million upsized public offering.
- TransEnterix, Inc. (NYSE:TRXC) fell 22.4% to $0.4201 in pre-market trading after the company reported the launch of underwritten public offering of common stock.
- Apex Global Brands Inc. (NASDAQ:APEX) fell 16% to $0.9407 in pre-market trading after rising more than 80% on Tuesday.
- Kitov Pharma Ltd (NASDAQ:KTOV) shares fell 14.4% to $0.9503 in pre-market trading after declining over 7% on Tuesday.
- Chiasma Inc (NASDAQ:CHMA) shares fell 12.8% to $4.69 in pre-market trading after the company announced a proposed public offering of common stock and pre-funded warrants.
- Cleveland BioLabs, Inc. (NASDAQ:CBLI) fell 10.9% to $2.29 in pre-market trading after gaining around 5% on Monday.
- CleanSpark, Inc. (NASDAQ:CLSK) shares fell 10.8% to $2.31 in pre-market trading after dropping over 20% on Tuesday.
- Ideanomics, Inc. (NASDAQ:IDEX) fell 10% to $1.81 in pre-market trading. On Tuesday, Ideanomics' Mobile Energy Global subsidiary issued an update on 500 unit order for AOXIN logistical vehicles.
- Denny's Corporation (NASDAQ:DENN) fell 9.4% to $9.15 in pre-market trading after the company reported commencement of 8 million share public offering of common stock.
- CPS Technologies Corporation (NASDAQ:CPSH) fell 9.1% to $2.20 in pre-market trading after gaining more than 40% on Tuesday.
- Blink Charging Co. (NASDAQ:BLNK) shares fell 8.6% to $5.19 in pre-market trading after jumping around 42% on Tuesday.
- Stein Mart, Inc. (NASDAQ:SMRT) fell 8.3% to $0.3850 in pre-market trading after reporting Q1 results. Stein Mart posted Q1 GAAP loss of $1.38 per share, versus a year-ago profit of $0.08 per share.
- Yum! Brands, Inc. (NYSE:YUM) fell 7.7% to $80.26 in pre-market trading.
- Exela Technologies, Inc. (NASDAQ:XELA) fell 6.2% to $0.52 in pre-market trading after the company reported Q1 results.
- Trinity Biotech plc (NASDAQ:TRIB) fell 6% to $2.05 in pre-market trading after dropping 11% on Tuesday.
- The Wendy's Company (NASDAQ:WEN) fell 5.9% to $20.50 in pre-market trading.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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