MTNB - upcoming catalyst - longMatinas BioPharma Holdings Inc is a clinical-stage biopharmaceutical company focused on the discovery and development of product candidates derived from its lipid-crystal nano-particle, or cochleate, delivery technology platform. The firm's pipeline includes MAT2203, MAT2501 and others.
This is not a financial advice!
Be carful before entering Monday is ER coming.
Upcoming catalyst in 2H 2024
Block buy recently
Rel. Vol. on 03/15/2024 at 3.9
We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.
Keep an eye on 0.85/ 1.0 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.
SL under 0.15
TP approx. 1.5
Most info on the chart.
Trade carefully!
MTNB trade ideas
MTNB 1W Long Then ShortWave (4) reprieve of (5) down. Breakout play measured move confluent with wave (4) retracement. Terminal point and wave (5) confluent.
Matinas BioPharma Holdings, Inc. is a clinical-stage biopharmaceutical company. It engages in the business of delivering groundbreaking therapies using lipid nanocrystal platform delivery technology to maximize global clinical impact and patient access. The company was founded by Herbert J. Conrad and Jerome D. Jabbour in May 2013 and is headquartered in Bedminster, NJ.
As requested, here it is my analysis on MTNB!As another request, I’ll analyze MTNB today! This time for @D0981237654!
The stock has low liquidity, so, the intraday chart is hard to read. But we have some good signs in the daily chart. We have an inverted head and shoulders + an advanced breakout on the RSI.
In the weekly chart we are above an interesting support level. If I had to do anything here, I would buy, set a stop-loss under 0.72 and aim for the 1.70, or even the 2.20. Good risk-reward ratio!
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See you soon,
Melissa.
MTNB - Bullish Weekly - Trade the Zones - Play the TicksI actually trade this for 15-20% gains on deep supply zones. Last time I got in was .51 so not bad if you understand where to buy in. I like the swings in this stock and has some volume. Bullish weekly at least to start off next week. Might fail right away with the resistance and the highs. Just need a solid open above .73. Still not banking on that. Just wanted to share a decent penny stock that if you know where to buy in then you can get some decent returns over and over. At least for now.
"Reasons Why Long-term Faith on Matinas BioPharma Holdings, Inc. (MTNB) Could Pay Off Investors"
investchronicle.com