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.
Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader. View more posts