| Good day, 360! | Here are our top investing ideas today. These setups look primed. And JW is back in the chat room today (welcome back!) so come drop by an say hi π. | | FOCUS LISTπ | UCAR - Up over 15% in pre after announcing strategic move into Thai market | DOYU - Up over 30% in pre after announcing special cash dividend of US$9.76 per ordinary share | ANVS - 2nd day play, up over 5% in pre after announcing new data yesterday from Phase 3 Parkinson's study highlighting improvements in Unified Parkinson's Disease Rating Scale (MDS-UPDRS) and cognition | | | | HOTLISTπ₯ | UCAR - Up over 15% in pre after announcing strategic move into Thai market | U Power Limited (UCAR) together with its subsidiaries, engages in the development, manufacture, and sale of new energy vehicles and battery swapping stations primarily in the People's Republic of China. It also offers battery swapping and sourcing, as well as technical and consultation services. | In the pre-market this morning, the company announced that it had signed a Memorandum of Understanding (MoU) with Pattaya AI Terminal Co., Ltd. to jointly drive the strategic development of green logistics and electric vehicle (EV) infrastructure in Thailand. | Combining Pattaya AI's advantages in logistical solutions with U Power's proprietary battery-swapping technology, the joint venture will provide electrified solutions for Thailand's commercial logistics and dedicated passenger transportation markets. | U Power will also leverage its expertise to provide commercial EVs compatible with its UOTTA technology and deploy battery swapping and charging stations for commercial EVs in key cities and logistics nodes across Thailand, enhancing logistics chain efficiency. | During the initial phase of the partnership, U Power will introduce battery swapping technology and compatible EVs. As the partnership matures, U Power intends to locally manufacture battery-swapping commercial vehicles in Thailand. These vehicles will include pickup trucks and light-duty vans for dedicated transportation routes. | UCAR stock traded up over 15% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high at $8. Beyond that, $8.50, $9, $10 and $10.83 come into play. | Below $8, targets to the downside are $7.50, $7 and then a gap fill at $6.74 with $6.20 below that. | | DOYU - Up over 30% in pre after announcing special cash dividend of US$9.76 per ordinary share | DouYu International Holdings Limited (DOYU) together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams advertisers, and viewers. | In the pre-market this morning, the company announced that the Company's board of directors approved and declared a special cash dividend of US$9.76 per ordinary share, or US$9.76 per American Depositary Share ("ADS"), to holders of record of ordinary shares and ADSs as of the close of business on August 21, 2024. | The aggregate amount of cash dividends to be paid will be approximately US$300 million, with payments expected to be made on or around August 30, 2024 for holders of ordinary shares and holders of ADSs. Holders of the Company's ADSs will receive the cash dividends through JPMorgan Chase Bank, N.A., the depositary, subject to the terms and conditions of the deposit agreement. | The stock traded up over 24% in the pre-market in reaction to the news. | | The $15 area acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $16, $17 and then the pre-market high at $17.47. Beyond that, targets are $18, $20 and $21.20 with $22 and $24 above that. | Below $15, targets to the downside are $14, $13 and then a gap fill at $12.59. | | π―Did you miss Jeff's Bullseye of the Week? | Then you missed this… |  | *Trading is hard, results not guaranteed and should not be expected to be replicated typically. |
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| | ANVS - Up over 5% in pre after announcing new data from Phase 3 Parkinson's study highlighting improvements in Unified Parkinson's Disease Rating Scale (MDS-UPDRS) and cognition | Annovis Bio, Inc. (ANVS) is a clinical stage drug platform company that develops drugs to treat neurodegeneration. | The company's lead product candidate is Buntanetap, which has completed three Phase 1/2 clinical trials for the treatment of Alzheimer's disease (AD), Parkinson's disease, and other chronic neurodegenerative diseases. | In the pre-market yesterday, the company announced new data from Phase 3 Parkinson's study highlighting improvements in Unified Parkinson's Disease Rating Scale (MDS-UPDRS) and cognition after treatment with Buntanetap. | Buntanetap showed dose-dependent and statistically significant improvements in cognition in the overall enrolled PD population. Parkinson's patients with substantial cognitive decline exhibited a very pronounced improvement. | The stocked closed up over 76% in yesterday's trade and is gapping up another 5% so far in the pre-market this morning. | | $10.25 acted as resistance in the pre-market and will be an important level to watch. | Above that targets to the upside are $10.90 and then yesterday's high at $12.51. Beyond that, $14, $16 and $20 come into play. | Below $10.25, targets to the downside are $9.50, a gap fill at $9.28, $9, $8, $7, $6. | | MARKET NEWS π° | | | 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. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. | RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. | RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. | RagingBull.com, LLC shall be entitled to recover attorneys' fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys' fees, costs and disbursements in addition to any other relief to which it may be entitled. | WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. | | | | |
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