Jumat, 01 Oktober 2021

Unusual Volume Spotted in this Biotech Stock

BiotechBreakouts


Hey Gang,

In the current market environment for small caps, stocks trading unusual volume has become a significant theme.

Not only has the volume increased drastically in many small-cap stocks, but the range has expanded dramatically as well.

Just yesterday, FAMI traded over 1 billion shares. Yes, that's right, billion! CEI has consistently traded well over 400M shares over the last few trading sessions.

Therefore, When I notice a penny stock trading with unusual volume, I am on high alert and do a little digging. You never know. It might just turn out to be the next runner.

Yesterday, shares of PROG caught my attention after the stock gapped higher and traded an abnormal amount of volume.

So, let's take a closer look at this stock and identify critical levels in the name.

Continue reading…

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Jeff Williams

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