PRE MARKET MTP 7/19/2019

Good morning traders, MTP making some big moves to the upside pre market this morning. This stock has surged from $1.40 cent area to over $3.00 dollars on news from the company. That is some momentum. Let’s look at some data:

MTP

FLOAT : 25 million shares

PREMARKET VOLUME: 2 million

NEWS : 8K filling shows results in first human study of their drug.

With all that attention and momentum, I will be watching MTP for a trading opportunity in the morning session. Remember to always manage your risk.

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