$SAGE: strong base, upcoming catalysts$SAGE is an interesting stock here, has pending catalysts for mid 2023, which fit the expectations from the Time@Mode technical pattern at hand here.
Consider the volatility of these biotech names when entering, stock could move huge after data comes out (up or down) but odds are good that it breaks to the upside given the technical pattern suggesting the smart money has been accumulating stock.
Upcoming catalysts:
SAGE-217 - (SHORELINE)
Major Depressive Disorder (MDD)
Phase 3 additional data due in mid-2023.
Zuranolone (SAGE-217)
Major depressive disorder (MDD) and Postpartum Depression
PDUFA priority review date of August 5, 2023.
Best of luck!
Cheers,
Ivan Labrie.
SAGE
SGE - Sage Group - Potential buyFollowing a brutal sell off recently rolling a CEO step down, now could be the time for a long entry on SGE.
Looking at an entry above Fridays high.
Technical points:
Engulfing bar on strong volume
Rejection from lower Fib
RSI 2 oversold
May be good for a bounce.
SL: 560
TP1: 608
TP2: 630
NeuroMetrix, Inc, Low Float, Lands Deal With GlaxoSmithKlineNew and innovative product. Quell's proven technology is 5x more powerful on average than other over-the-counter pain relief devices. It is discreet and completely wearable to enable pain relief when your patients need it.
Increased quarterly earnings growth.
Low floater
Resistance at at 3.00 range due to the preferred shares being exercisible at 2.83
Target is 2.50. Nice day trade potential. They just had the biggest trading volume in a very long time, by a long shot.