HomeStockTop Biotech Penny Stocks to Watch - January 19, 2022

Top Biotech Penny Stocks to Watch – January 19, 2022


Biotech penny stocks to watch: key takeaways

  • Stock #3 Soars Over 80% While The Market Is Falling…
  • Breakouts and Buying the Dips Watch Now!
  • Low-priced Nasdaq biotechs are hot. Check out these big winners…

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What’s hot in the rough biotech space? a lot of. I’m looking at five stocks that surged when the market was crushed. Catch up on the news driving these dramas and get ready to take advantage of your setup. Use these stocks to build your biotech watch list today.

  1. Adagio Therapeutics, Inc. (NASDAQ: ADGI… Read my analysis here.)
  2. Pluristem Therapeutics Inc. (NASDAQ: PSTI… Read my analysis here.)
  3. Brickell Biotech, Inc. (NASDAQ: BBI… Read my analysis here.)
  4. PolarityTE, Inc. (NASDAQ: PTE… Read my analysis here.)
  5. Immuron Limited (NASDAQ: IMRN… Read my analysis here.)

What are biotech penny stocks?

Biotech penny stocks are stocks of small development companies. These companies are often in dire need of cash. They need it to continue product development and to test and experiment. Trade them carefully…

As we all know, they are very volatile. One minute they are overjoyed by positive news – the next they are overwhelmed by poor trial results, side effects or stock dilution.

That’s why I ride the wind and waves, but never believe it.

Penny stocks are some of the roughest stocks on the market. But I know how this niche works. I have been trading penny stocks for over 20 years…

I started trading in high school. By the time I graduated from college, my small account had grown from $12,415 to about $2 million. Read all about it in my best selling free book,”US hedge fund. “

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Students have access to all of my top trading educational resources – including daily watchlists. But successful traders learn how to build their own. So please study and understand the reasons behind my stock picks…

Top biotech penny stocks to watch

This is just a watch list. There is no guarantee that these stocks will offer trading opportunities. Keep them on your watchlist, but only trade when you see the best settings. When there are no really great deals, take the time to learn.

Now, let’s take a look at the top biotech penny stocks to watch this week.

Biotech Penny Stock #1: Adagio Therapeutics, Inc. (NASDAQ: ADGI)

Adagio Therapeutics develops antibody solutions to treat infectious diseases.

Important points about ADGI…

  • ADGI isn’t technically a penny stock — it’s trading around $5.50 at the time of writing.
  • On January 12, the company announced its lead Monoclonal antibodies It has neutralizing activity on Omicron.

ADGI is slightly more expensive, but worth a look. It has the potential to kill, but I will not chase. I’m watching for potential dip buying for any intraday panic.

Biotech Penny Stock #2: Pluristem Therapeutics Inc. (NASDAQ: PSTI)

Pluristem develops cell-based therapies to treat inflammatory and autoimmune diseases.

Key Points About PSTI…

  • Huge trading volume after PSTI announcement cooperate On January 10th, a cultural food platform was established.
  • The stock lasts until January 18th. It then broke above $2 for multiple days in a row.

If the PSTI can hold the $2 breakout level, it could continue higher. But if it fails, I’ll keep an eye out for any big panic buying on dips.

Biotech Penny Stock #3: Brickell Biotech, Inc. (NASDAQ: BBI)

Brickell Biotech develops prescription dermatological treatments.

The main points about BBI…

  • Analysts have a buy rating and $2 price target.
  • After the news, it traded heavily, but the long-term chart was ugly.

I would see the BBI possibly break above 42 cents.

Biotech Penny Stock #4: PolarityTE, Inc. (NASDAQ: PTE)

PTE develops regenerative tissue products.

The main points of PTE…

  • The company announced FDA Approved On January 18, its new drug application under development.
  • On the news, the stock gapped higher and breached 75 cents before failing.

I would watch PTE to buy any big panic on dips.

Biotech Penny Stock #5: Immuron Limited (NASDAQ: IMRN)

IMRN develops antibody treatments and supplements to improve digestive tract function.

Key points about IMRN…

  • On January 17, the company announced that it had received more than $300,000 in cash From the tax-advantaged incentive program.
  • The stock surged to $1 per share within 10 minutes of the market opening on Jan. 18.
  • It had a brief multi-day breakout, but it failed.

IMRN is a volatile stock. Depending on the overall market environment, I will watch it may continue to move higher. But I’d also be prepared for morning panic buying on dips.

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I repeat…the stocks on my watch list are not automatic buys.Remember to do your own due diligence and Research. If you are not trading plan, you are gambling. Don’t be a degenerate gambler – trade smart!

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Biotech Penny Stocks: The Bottom Line

Biotech penny stocks are some of the roughest on the market. They can experience huge price swings on positive or negative news. However, if you’re ready to take advantage of volatility, these stocks offer great trading opportunities…

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what is yours Top biotech penny stocks to watch? Let me know in the comments…I’d love to hear from you!





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