Shares Of Small Cap Biotech Continue Climb On Well-Defined Upward Channel

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Penny Stock Of The Day: Mersana Therapeutics Inc.

Penny Stock of the Day Key Metrics:

Last Updated: November 26, 2024

Penny Stock of the Day 30 Day Average Return

(22.39%)

Top 3 Penny Stock Gainers During Coverage Period:

• The Honest Company Inc.

Rose 127.09% From October 30, 2024

• Fangdd Network Group Ltd.

Rose 44.18% From November 05, 2024

• Biotricity Inc.

Rose 40.54% From November 14, 2024

% Of Companies That Have:

• Risen In Value Next Trading Day:

39.1%

• Traded Higher Than Pick Price After 7 Days:

87.0%

• Traded Higher Than Pick Price After 30 Days:

91.3%

Shares of this biotech have been trending higher in a well-defined channel pattern since the stock bottomed in the summer. With shares touching the lower band of this channel in the past few days then promptly rallying on strong volume, we believe this uptrend is still firmly in place and believe significant upside is likely in the name over the coming days and weeks to come. AllPennyStocks.com

Stock Facts:

Feature Date	November 27, 2024
BullishInvestor Rating	Bullish
Symbol
Exchange
Price
$ / % Change
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Day Range
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