Better Therapeutics BTTX stock price is up 23% in the last 5 days & volume is down 89% (WOW), but is it over for this breakout stock?
How is it that volume is down so much but it is up 23%?
There is an old adage, “two heads are better than one”, so let’s collaborate on BTTX and compare notes.
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns. I believe the stock market is not gambling, it is also not fool proof, but I have developed a dependable system. I have found some critical components to success for BTTX, tell me what you think.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for BTTX is, a 🔥🔥2 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT Stock Reporting system for breakout stocks.
To find out more about my story, CLICK HERE
[thrive_leads id=’28419′]
Better Therapeutics Company Information
Company Name: Better Therapeutics Inc.
Ticker: BTTX
Exchange: NASDAQ
Website: https://www.bettertx.com/
Better Therapeutics Company Summary:
Better Therapeutics, Inc. develops software-based prescription digital therapeutics for treating diabetes, heart disease, and other cardiometabolic conditions. It engages in developing a proprietary platform for the development of FDA-regulated, software-based solutions for type 2 diabetes, heart disease and other conditions. The company was founded by Kevin J. Appelbaum and David P. Perry in April 2015 and is headquartered in San Francisco, CA.
BTTX stock price is due to News?
June 8th
Announced that the U.S. Patent and Trade Office (USPTO) has granted their first patent, granting twenty years of exclusivity for a number of key features core to the company’s digital therapeutics platform, designed to help treat cardiometabolic diseases through the delivery of digital behavioral therapy as a PDT.
Trending Stock BTTX 5 Day Chart
BTTX Stock Price HOT Stock Grade:
The official heat level for BTTX is, a 🔥🔥2 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4. Do you agree?
BTTX Trading Volume
The volume, is trading at an increase of 23% over the average which indicates a higher demand in the stock.
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
BTTX Technicals
The technical analysis “chart reading”, it is bullish and I like it. The one day, 5 day and ten day chart looks great. Keep this on your watchlist.
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
BTTX News Cycle
The news, there is no significant news.
BTTX Fundamentals
The fundamentals, there is no exciting financial filings associated with this stock,.
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
BTTX Awareness
Marketing efforts “Awareness Campaigns”, I have not found marketing efforts around the investor awareness of this company. Hence the 2 out of 4. Do you agree? Write me a line at [email protected]
Again, two heads are better than one, let’s work together to have the best trading year of our lives!
To receive my 🔥🔥🔥🔥 HOT stock as a thank you for joining our FREE newsletter, sign up today.
To find out more about my story, CLICK HERE
👇 Sign up for our newsletter to get the latest 🔥🔥🔥🔥 HOT stocks and we can compare notes!👇
[thrive_leads id=’28419′]
