The markets fought hard to find a bottom last week, and Friday ended up being an incredible trading day as stocks rebounded.
If you remember, I sent you a new momentum stock alert on Friday, which surged nearly 20% from the low point near the start of the day. It is stil climbing in pre-market trading this morning.
I also spanked CVNA options with my paid members for a huge win to close the week out.
This morning is looking very solid again. I’m ready to take advantage and (hopefully) start the week off with some big profits!
Today, I am going to do something a little unusual and revisit a stock I just talked about last week.
This stock has a lot of momentum behind it right now, and I think it’s setting up once again.
If you watched it with me on Tuesday last week, you saw it make this powerful move shortly after I discussed it with you…
From what I see, I think we could be on the brink of another big move soon.
Go to your favorite platform and pull up Actinium Pharmaceuticals, Inc. (ATNM) right now, and I’ll show you what I see.
On the chart below, you’ll see the 5-minute price action over the last week, including the big day we had on Tuesday last week…
That big day established a new range for ATNM, from around $7.50 up to over $8.50.
The stock has been building what looks like a “bull flag” to me over the last few days. I added the lines to this range so you can see it.
When a flag pattern gets very tight like this, it usually resolves with a strong breakout (hopefully to the upside!)
While I am cautious the break could be lower, I will keep a close eye on a closing price under $7.70, which would tell me this just isn’t ready for the next move up yet.
However, a break over $8 again could be just the spark ATNM needs to re-test the upper range from last week, and possibly even $9 again.
After that, I don’t see why ATNM couldn’t make a run for it’s all-time high again just over $10?
It is one of the strongest stocks in the market this year, with a gain over 50% so far. That is more that TRIPLE the return of SPY
If you remember, last week, I also mentioned the very strong technical indicators behind this stock.
If you look at it on TipRanks right now, you’ll see there is a “perfect 10” for their Smart Score on ATNM.
This score is derived from a combination of factors, and it shows how much confidence they have in overall strength right now.
One of the biggest factors is how analysts view the stock, and you won’t find many stocks with price targets like ATNM has.
You can see that analysts who cover ATNM have an average price target over 300% higher than current levels.
This is clearly a stock that has the attention of the market right now.
With all of these catalysts, I think we could see another big move for ATNM at any moment.
You need to make sure ATNM is on your radar this morning.
As you do your homework on this stock, here are some points I think are important on it…
Actinium Pharmaceuticals, Inc. is a late-stage biopharmaceutical company developing targeted radiation treatments for cancer.
The company has a big portfolio of intellectual property, with more than 220 patents and patent applications worldwide.
At the core of its strategy is a nuclear isotope called Actinium-225, which the company describes as “the most powerful medical grade radioisotope known to man.”
Critically, “its power is emitted over a short distance of a few millimeters, making it ideal for targeted radiotherapy.”
The company’s therapies deploy this weapon directly to cancer cells using what it amusingly calls Antibody Warhead Enabling (AWE) technology.
The idea is to target cancer cells specifically, like a heat-seeking missile, unlike prevailing radiation therapies which have a much more systemic impact.
This strategy has possible indications for many kinds of cancers, but ATNM put it fully to the test in a recently completed Phase III trial for older patients with relapsed or refractory acute myeloid leukemia (AML).
The results were incredible…
In the control arm of the trial, no patients survived beyond one year, despite receiving the usual treatments.
For the patients who received Iomab-B — one of the company’s proprietary radiopharmaceuticals — 20.1% survived one year, and 11.5% were alive after two years, a duration the company says is “highly indicative of long-term outcomes including potential cure.”
A two-year survival rate of 11.5% may not seem great, but this is a particularly nasty form of cancer, so this therapy has the potential to become the new standard of care in these patients.
It’s because of Iomab-B’s potential to fill an unmet medical need that the FDA granted it an orphan drug designation in 2016. Eight years later, that tree is bearing fruit.
ATNM intends to file a Biologics License Application (BLA) with the FDA for Iomab-B later this year, setting the stage for commercialization.
While this could undoubtedly be a boon for the company, in my view the success of the Iomab-B trial is best seen as a proof-of-concept for the company’s targeted radiotherapies…
And indeed, ATNM has a much broader product pipeline and says its therapies could apply to solid tumors in addition to blood cancers.
In March, for instance, the company announced a clinical trial to study Iomab-ACT — which you can read more about here — with a leading FDA approved CAR-T cell therapy at the University of Texas Southwestern (UTSW).
And last month, ATNM announced the results of a Phase 1b combination trial that included “Actimab-A,” which you can read more about here.
The trial featured patients with a very high risk profile, but still it “produced high rates of response and measurable residual disease negativity and improved survival outcomes across all patient subsets.”
As of February, the company said that its ~$83.0 million cash is projected to fund operations through 2025.
Spend time right now doing your own research on the stock, and of course, always approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.
Bottom line: This stock is one of the hottest stories of the year. The sector is one of the most exciting to watch right now, and ATNM is a clear leader to focus on.
After last week’s big breakout, this stock is definitely in play for a lot of traders.
Make sure ATNM is on the top of your watchlist right now.
To Your Success,
Jeff Bishop
P.S. Make sure you join me and over 1000 traders in the Market Master’s trading room today for live trading signals and education. You can access it at no cost right now.
*Just so you know, what you’re reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let’s be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren’t what you’d call “typical.”
Just a quick heads up about this ad you’re reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received fifteen thousand dollars (cash) from Sica Media for advertising Actinium Pharmaceuticals, Inc for a one day marketing program on July 29, 2024. We previously received thirty thousand dollars (cash) for advertising Actinium Pharmaceuticals, Inc for a one day marketing program on July 23, 2024, and seventeen thousand five hundred dollars for a one day marketing program on March 18, 2024. Both of these were from Sica Media who was compensated by a third party not affiliated with the Company. These amounts were paid by someone else not connected to Actinium Pharmaceuticals, Inc. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.
Now, diving right into Actinium Pharmaceuticals, Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there’s exceptional risk involved in trading. This isn’t small potatoes we’re talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We’re shining a light on the good stuff about the company here, but it’s on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.
Oh, that brings us to another crucial point—we’re not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.
Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can’t wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who’s licensed to give you real advice. To be clear,
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