Jan. 15 at 2:23 PM
Yesterday was a major day for momentum traders, with several tickers clearing key resistance levels on massive volume. These companies that posted double-digit gains and hit new 52-week highs:
$TNGX Surged 18.68% to a new high of
$12.52. Investor confidence is soaring following updates to their oncology pipeline.
$DRTS (Alpha Tau Medical): Gained over 14% to hit a 52-week high of
$7.89. The spike comes ahead of their high-profile presentation at the J.P. Morgan Healthcare Conference.
$BFLY (Butterfly Network): Rallied 12.50% to hit
$4.95. The digital health space is seeing renewed interest as Butterfly expands its AI-driven imaging capabilities.
$ERAS (Erasca): Climbed 10.73% to reach a fresh high of
$8.31, driven by positive sentiment in the targeted oncology sector.