ALXO - REVERSAL COMMNG SOON!Expecting ALXO to rise going into earnings, expected NOV. 11th.
Look to load up between $.140 and $.1.50 for a potential run to $2.25!
ALXO trade ideas
BREAKOUT CUP AND HIGH VOLUM BUY ALXO ABOUT 118$ALX Oncology Announces Pricing of Upsized Public Offering of Common Stock
BURLINGAME, Calif., Dec. 09, 2020 (GLOBE NEWSWIRE) -- ALX Oncology Holdings Inc. (“ALX Oncology”) (Nasdaq: ALXO), a clinical-stage immuno-oncology company developing therapies to block the CD47 checkpoint pathway, today announced the pricing of an upsized underwritten public offering of 2,380,000 shares of its common stock at a price of $76.00 per share. All of the shares of common stock are being offered by ALX Oncology. The gross proceeds to ALX Oncology from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by ALX Oncology, are expected to be approximately $180.9 million, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on December 14, 2020, subject to the satisfaction of customary closing conditions. In addition, ALX Oncology has granted the underwriters a 30-day option to purchase up to an additional 357,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions.
1% CAPITAL
ALXO 16H::Bull Flagging 65% gains BUY/HOLD (STOCKS)Why get subbed to to me on Tradingview?
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ALXO 16H::Bull Flagging 65% gains BUY/HOLD (STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ALXO daily/candle chart chart overview
::: strong bullish chart
::: bull flagging right now
::: 165% gains BUY/HOLD setup
::: best reload BULLS is now at market
::: TP1 Bulls is 50% gains
::: TP2 Bulls is 65%+ gains
::: targets based on measured move
::: just buy/hold it and get paid
::: 65%+ gains on BUY SIDE medium-term
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/reversal/bull flagging
::: Sentiment outlook short-term: BULLS
