TMAD Update: Biotechs on Run
$DFTX $ATAI $SPX $MU
Hi everyone,
Today, we look at some names we charted earlier this week, and some are catching a bid now because Eli Lilly LLY 0.00%↑ has acquired AtaiBeckley ATAI 0.00%↑ for ~$2.8B upfront + up to $1B in CVRs. The stock went up almost 65% in pre-market.
This is a positive catalyst for some other biotech names that we’re going to trade today, such as:
