Good Morning Horsemen Traders!
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Technical levels for these plays are available in the FHT Discord as well.
Today’s News:
$RDBX
- "Gapping up 30% after Friday's run"
- Meme stock, short squeeze play with momentum
$BLUE
- "Bluebird bio surges after FDA facking for gene therapies"
$FIXX
- "Homology Medicines announces FDA lifted clinical hold on pheNIX gene therapy trial for PKU"
$EKSO
- "Receives FDA clearance to market its EksoNR robotic exoskeleton for use with multiple sclerosis patients"
$DAWN
- "Mid-Stage trial of glioma drug achieves positive initial results"
- "Wedbush lifts price target on DAWN to 35 from 32"
For Premium Subscribers you can see our technical reads below. We give key levels for potential entry and exits for our Morning News Plays.
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$RDBX
- Key Level of 16.5
- If key level can hold support then i'm looking for a retest of 17, 18 area with a possible push to 20
- If key level cannot hold support then my next bounce area is 16 then 15 area
- Watch for short covering around 16 for a spike back to Pre-Market HOD
- If 16 breaks at open look for a flush down to gap fill 15 area then a curling reversal