Longer term swing/But could be DT?
$Acumen Pharmaceuticals(ABOS.US$ Just off ATL ( you know how i likes me some bottom bouncers, hehehe ) Earnings out Monday 11/13/23 BMO! But mainly for the following! Phase 1 data on ACU193/INTERCEPT-AD was very promising! The Recent collaboration & License agreement with HALOZYME Could make this Alzheimer’s treatment a game changer for patients by allowing the delivery of the drug Subcutaneously instead of IV? Which would be much more convenient and less invasive for treatments? FDA meeting before EOY to determine timeline for Phase 2/3 Clinical studies! Fireside Chat at Stifel Healthcare Conference on Tuesday 11/14/23! Company has also stated that they are exploring partnership opportunities with the intention of increasing shareholder value. Since the end of September there has been 9 institutional investors and only 1 bailed out! With RA Capital Management Owning about 25%!! Now a bit of technicals! RSI 7/14 on the daily are pretty oversold at 25/12 respectively!! MACD is starting/showing GC!!! KDJ severely oversold!!! And my favorite trading indicator, i rely on a lot! DPO is starting to turn down a tad, But still in positive territory! Oh yeah can’t forget the analysts ( I dont put much faith in them? hehehe ) PT’s are 13/22 with all being a buy or strong buy! Just giving my OPINION on why im bullish! ![]()
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