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👁️👁️ All eyes on the Market today

👁️👁️ All eyes on the Market today

Plus three stocks that are soaring 🦅

March 13, 2023

Good day, 360 –

Here are our top 3 trade ideas today – these setups look primed! Be the best prepared trader on the Street!

CALT - Up over 28% after phase 3 success

UNCY - Continues to soar after $130 million investment

TENX - Up over 30% in pre-market after receiving $6 price target from Roth MKM

*A message from Biotech Stock Market News

🔥 Hot Stock of the Day 🔥

The market is buzzing about the potential of this tiny $2 stock right now.

The stock just surged over 50% in a single day with the highest volume – ever!

They have recently acquired a 40% interest in a premier clinical diagnostics and reference laboratory which has completed over 600,000 tests since inception. This transaction is expected to be accretive to earnings through a profit sharing agreement.

The stock has made some serious moves in the last few months, and it will be exciting to see where it goes next…

You can see that Yahoo Finance is showing several bullish indicators that are flashing green lights right now ✅

Learn more about this innovative company by visiting this page now.

But don’t wait too long… an opportunity at these levels might be gone before you know it!

*Sponsored by Lifewater Media, see disclosures below.

CALT - Up over 28% after phase 3 success

Calliditas Therapeutics was gapping over 28% higher in the pre-market after its drug Nefecon® met its primary endpoint in its phase 3 trial. Nefecon demonstrated a highly statistically significant benefit over a placebo in patients with primary IgA nephropathy (IgAN) (the deterioration of kidney function).

$21.24 has been acting as support so far in the pre-market and should be an important pivot level this morning.

Above it, targets to the upside are $21.96 and then the pre-market high of $22.64. A break above that put $23, $23.50 and then $24 into play.

Below $21.24, there is potential support at $21, $20 and $19, with gaps to fill at $17.94 and $16.83 below that.

UNCY - Continues to soar after $130 million investment

Kidney disease company, Unicycive Therapeutics (UNCY), is up over 400% in 5 days after announcing a private placement of up to $130 million in gross proceeds. $30 million would be upfront to finance the launch of Renazorb with up to an additional $100 million tied to satisfaction of milestones.

At yesterday’s close, the stock still only had a market cap of $31.09 million according to Finviz, not including the placement.

UNCY also received price targets of $6 from Maxim, $8 from H.C Wainwright and $5 from EF Hutton last week representing more potential upside from current levels.

$2.87 is the high from last week and would be the first major target for bulls.

Above it targets to the upside are $3, $3.50, $4, $4.50 and gap to fill at $5.85.

Below $2.87, there is potential support at $2.50, $2.40 and $2.20. Below that targets are at $2, $1.80 and $1.40 to the downside.

TENX - Up over 30% in pre-market after receiving $6 price target from Roth MKM

Tenax Therapeutics (TENX) is up over 30% this morning after the Roth MKM upgrade. It should be noted that the company raised $15.6 million last month by offering shares at $1.80 and warrants at $2.25.

$0.75 was resistance in the after-hours and should be an important pivot point moving forward.

Above it, the first major target for bulls would be the pre-market high at $0.82. Above that targets to the upside would be $1, $1.50 and then $1.60 above that.

Below $0.75 there is potential support at $0.67-$0.68 area, with $0.65, $0.55 and $0.5 targets below that.

Economic Calendar (EST) - Monday March 13 (tradingeconomics.com/calendar)

Upcoming (EST) - Tuesday March 14 (tradingeconomics.com/calendar)

To Your Success!

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