Pharma Group Spikes 62%

Attention Readers: It’s Monday and you know what that means. Our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. This week he’s looking at two companies for a potential trade. Click the image below to see his chart setups.

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Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures fell slightly on Monday. Last week’s rally was strong and investors are expecting a pullback. As earnings season continues, the markets could be in for more volatility.

The recent rally brought about several buying opportunities in the market last week, and Bryan and Karim took advantage in The War Room. Bryan closed out 9 winning trades, including a 35.43% return on GNRC in six trading days.

Click here to start trading alongside Bryan and Karim in The War Room.

Here’s a look at the top-moving stocks this morning.

BridgeBio Pharma (Nasdaq: BBIO)

BridgeBio is up 62.40% after announcing positive results from a Phase 3 ATTRibute-CM study of acoramidis for patients with transthyretin amyloid cardiomyopathy. A key objective in the drug’s design was to maximize TTR stabilization at clinically achieved blood concentrations.

Tesla (Nasdaq: TSLA)

Tesla is up 1.95% premarket after its first cybertruck was rolled off the assembly line over the weekend. The truck was two years behind schedule after it revealed the prototype in 2019 and said production would begin in late 2021. The unveiling allows Tesla to compete in the lucrative electric pickup market with Rivian and the Ford F-150 Lightning.

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Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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