Health/Biotech/Pharma/Hemp/CBD showcasing at the JP Morgan Health Conference Jan 7th will be providing press and news for the noted watchlist:
#1 PGNX - 1YR chart is a crow pattern with start of reversal trend, shows a step up pattern on the 5 day chart, big news in last 4 days: New Chief Medical Officer appointed, agreement/collaboration with Curium (Europe), Steven Cohen invested recently bought 4.7 mil shares. Analysts have all upgraded the stock with average target 11.10. Strong support @ 3.62. resistance at 4.45. be looking for it to break that resistance in morning gap up and catch up with new catalyst driving it.
#2 CRBP - Jan 3rd news of collaboration with Kaken for japan. Volume and investors increased, stock analysts upgraded it. Ascending triangle on 6mnth and squeeze on 5 day, 4 green days just broke resistance. be looking to see further increase above or retest breakout @7.00
#3 AGEN - Channel up pattern, close to the breakout @ 3.00. Jan 3rd news of partnership with Phyton Pharma. they at JP Morgan Health conference Jan7th. be looking for more volume and press to push it above breakout.
#4 KHSB Earnings on Jan 8th (qtr 4/18), choppy sideways channel/consolidation. near breakout of resistance 5.85-5.92 resistance with support @ 5.57. target is 7.92
#5 AKAO new investors "VC's.- Duggan's continues to add shares into January. Possible short squeezes, Expanded FDA approval - EMA approval, rumor taking private??
sympathy plays and residual news:
$NBEV, $CVSI, $NTEC, $CLSD