PRE MARKET ANALYSIS 4/17/2019

Good morning everyone and welcome back to THEFREEDOMGRIND your home for trading updates and day trading information! This morning I am seeing a couple stocks with some potential! MBRX,

MBRX – This stock has made a pretty decent move pre market! it was able to at least for a moment, break through previous daily resistance represented by the top red line on the chart! This stock also has news and a low float! So far it has fallen quite a bit since hitting a high of $1.26 premarket!

Type : Biotech stock

Float – 29 million shares

Pre market volume – 1 million

News – Positive clinical results for cancer treatment!

So we have multiple reasons to be interested in this stock, but the market will tell us if it is worth the trade!

There isn’t a ton of pre market momentum so far but we will be keeping an eye on the market as the morning progresses. Overall market news is positive with China’s economy growing as well as the S&P 500 making solid upward gains this morning!

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