Evening Stock Analysis

$BTTX $GOVX $CBIO Stock Market Recap 05/24/2022

$BTTX $GOVX $CBIO all made moves on 05/24/2022. Here is an analysis of the stock price action.
Published: 05/24/2022 8:25 pm
Updated: 05/24/2022 8:26 pm
#bttx #govx #cbio #stocks #stock review #stock price analysis #stock market #investing
May 2022 | Money Placement

Below is an analysis of the stock price action for Better Therapuetics (BTTX), GeoVax (GOVX), Catalyst Biosciences (CBIO). You can find a recap table at the end of the page. The content on this page is not financial advice, but is for educational purposes only and merely cites our own personal opinions. You can find the full disclaimer here.

Better Therapuetics (BTTX)

BTTX made a big squeeze later in the day. This will definitely be one to watch for tomorrow, with 1.90 and 2.25 being the key levels.

Shares: 10-25milIndustry: HealthcareCatalyst: TechnicalATR: 0.25 - 0.50Time Frame: Daily
Short Squeeze
Resistance: 2.5Breakout Level: 2.25Breakdown Level: 1.9Support: 1.7
BTTX Daily Chart

GeoVax (GOVX)

GOVX made a big move today, squeezing some short positions form the earlier days. It seems to have run out of moment at the end of day so might not be much upside tomorrow. It might finally make a pullback to possible the 2 or just below level.

Shares: 5-10milIndustry: BiotechnologyCatalyst: ContinuationATR: 0.25 - 0.50Time Frame: Daily
Resistance: 3Resistance: 2.7Resistance: 2.55Breakdown Level: 2.3
GOVX Daily Chart

Catalyst Biosciences (CBIO)

CBIO pretty much traded sideways today but stayed above VWAP. Definitely one to watch for upside tomorrow if it can break 1.35 then 1.48.

Shares: 25-50milIndustry: BiotechnologyCatalyst: ContinuationATR: 0.10 - 0.25Time Frame: Daily
Breakout Level: 1.48Breakout Level: 1.35Support: 1.25Support: 1.15
CBIO Daily Chart

Recap

BTTXGOVXCBIO
Shares: 10-25milIndustry: HealthcareCatalyst: TechnicalATR: 0.25 - 0.50Time Frame: DailyShort SqueezeResistance: 2.5Breakout Level: 2.25Breakdown Level: 1.9Support: 1.7Shares: 5-10milIndustry: BiotechnologyCatalyst: ContinuationATR: 0.25 - 0.50Time Frame: DailyResistance: 3Resistance: 2.7Resistance: 2.55Breakdown Level: 2.3Shares: 25-50milIndustry: BiotechnologyCatalyst: ContinuationATR: 0.10 - 0.25Time Frame: DailyBreakout Level: 1.48Breakout Level: 1.35Support: 1.25Support: 1.15