MarketMaster's Chat | | Good day, 360! | Here are our top investing ideas today. These setups look primed! Be the best prepared trader on the Street. And check out our insane ALL-ACCESS sale. Ends at MARKET CLOSE! | | FOCUS LIST🔎 | RNLX - Up over 14% in pre after Medicare issues final coverage determination for kidneyintelX.dkd | CRDL - Up over 9% in pre after positive Phase 2 data for Recurrent Pericarditis treatment | ZKH - Up over 10% in pre after authorizing $50 million ADR buyback | | | | Contact Stephen or Davis to see if you have any credits or to set up a payment plan –1-800-585-4488 / davis@ragingbull.com |
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| | HOTLIST🔥 | RNLX - Up over 14% in pre after Medicare issues final coverage determination for kidneyintelX.dkd | Renalytix Plc (RNLX) develops artificial intelligence-enabled in vitro diagnostic solutions for kidney diseases. The company offers KidneyIntelX, a diagnostic platform that employs an artificial intelligence-enabled algorithm that combines various data inputs, including validated blood-based biomarkers, inherited genetics, and personalized patient data from electronic health record systems to generate a unique patient risk score. | In the pre-market this morning, the company announced that Medicare issued a final Local Coverage Determination for the company's kidneyintelX.dkd testing. It's effective for dates of service on or after August 1, 2024 and the established Medicare price for kidneyintelX.dkd is $950 per test. | The stock traded up over 14% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high at $0.5579. | Beyond that targets to the upside are $0.60, $0.70, $0.80, $0.90 and $1. | Below $0.5579, targets to the downside are $0.52, $0.50, $0.48 and then a gap fill at $0.4688. | | CRDL - Up over 9% in pre after positive Phase 2 data for Recurrent Pericarditis treatment | Cardiol Therapeutics Inc. (CRDL) is a clinical-stage life sciences company that focuses on the research and development of anti-fibrotic and anti-inflammatory therapies for the treatment of heart diseases. | In the pre-market this morning, the company announced positive topline data from its Phase II MAvERIC-Pilot dtudy investigating CardiolRx(TM) for Recurrent Pericarditis. | The data showed a substantial reduction in the primary efficacy endpoint of patient-reported pericarditis pain at the end of the 8-week treatment period, as well as normalization of inflammation - as measured by C-reactive protein - in 80% of patients with elevated CRP at baseline. | 89% of patients have continued into the extension phase of the study. | The stock traded up over 9% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high at $2.58. | Beyond that, $2.70, $2.80, $3 and $3.12 come into play. | Below $2.58, targets to the downside are $2.48, $2.40 and then a gap fill at $2.36. | | | | ZKH - Up over 10% in pre after authorizing $50 million ADR buyback | ZKH Group Limited (ZKH) is a leading maintenance, repair and operations procurement service platform in China. | In the after-hours yesterday, the company announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$50 million of its American Depositary Shares over the next 12 months, ending on June 13, 2025. | The Company expects to fund the repurchases out of its existing cash balance. | The stock traded up over 10% in the pre-market in reaction to the news. | | The $4.50 area acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $4.75 and then the pre-market high at $4.94. Beyond that, $6, $8 and $10 come into play. | Below $4.50, targets to the downside are $4.30 and then a gap fill at $4.11. | | MARKET NEWS 📰 | | | P.S. Make sure you text "RAGE" to (888) 404-5747 to get all of our latest HOT STOCK ideas! | | Questions or concerns about our products? Email Support@360wallstreet.io © Copyright 2022, RagingBull | | DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer | FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. 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