TBirben

Hoth is great I love ATAT's and how sick the og map is in game

Long
NASDAQ:HOTH   Hoth Therapeutics, Inc.
Indicators and Patterns

Monthly TF
- Descending wedge being tested with ATH volume

Weekly TF
- 21EMA used as support for the first time
- SMA50 being tested
- Year-long squeeze reversed
- MacZ MA passing zero line

Daily TF
- Cup & Handle formed
- EMA21 has crossed all SMA's
- Bear consolidation gave room from oversold territory
- Bull cross on MACZVWAP
- High Volatile to Low Volatile pump/dump downtrend that leads to huge volume pump with gap that fills right away. Moving averages are now squeezing

2hr TF
- MA's at squoze levels (chronological to top down)

Fundamentals

- "Hoth Therapeutics filed a provisional patent application" - SEC Feb.23 (patent lasts 12 months)
- Leading drug for eczema research Approaching Phase II of clinical
- "Hoth Therapeutics Announces Licensing Agreement and Collaboration with U.S. Army Medical Research and Development Command" - SEC Jan.8
- Institutional ownership has increase by 6x since June
- 360k shares bought by institutions ($1M) since beginning of 2021
- Vanguard and Fidelity own about 65k shares
- Insider ownership - 52%
- Institutional ownership - 15%
- Float - 33%
- Short Float 7%
- Short interest .13

Verdict - $5 PT by EOM for March



Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.