Transcription
Tiny float and hard to borrow AKTX is seeing uh at some point it was seeing significant upward momentum today, the 22nd of May 2026, driven by the release of breakthrough preclinical data for its lead ADC AKTX-101, which uh demonstrated synergistic activity with KRS K inhibitors in pancreas biotic cancer models.
Investors are currently uh discussing actively discussing, as a matter of fact, the stocks are parabolic price movements, its ultra low float status, and ongoing speculative, sorry, ongoing speculation regarding potential short squeezes. Traders are closely tracking uh this parabolic um expansion after promising uh after the promising preclinical uh pancreatic cancer data sparked um massive interest in it's u in the fact that it has a low float. Yeah, aggressive short interest and extreme b rates have uh momentum traders speculating on a multi-day parabolic um squeeze potential.
So we haven't seen any high borrow rates, but it's hard to borrow 7.5%. Not not the sort that will worry u short sellers. Okay, its weekly chart uh is uh underlying trend is severely bearish and lower prices are expected to continue to print. Let's see, underlying trend day 200 week moving average is uh losing $2.28 every every week. Let's see. Yeah, the world prices are expected to continue to print at least up till, let's just say in the very short term, up till the 8th of June. Yeah, in the very short term here, the projections are saying um, you know, some really fractional prices will have negative 54.91, negative 45.26, negative 29.64. Obviously, stocks don't trade in negatives. It just uh indicates that um um really fractional prices are possible.
So let's see what we have and it's um on the daily charts on the line trend equally severely bearish. The 200 day moving average, which underscores the underlying trend, is losing 83 cents every day. However, given this expansion, this is uh its second, no, this is uh yeah, second straight session of gains. The 10day moving average has gone parabolic, gaining uh $761 every day. Yeah.
Uh, the algos are saying that it may hold the strength up to Wednesday. Okay. What are the odds of that? Wednesday the 27th of uh May. After that, we're looking at a distributive contraction going all the way towards the 16th of June and then a bounce thereafter. No guarantee that that will be the case. Here projections are saying 5.57. It's a pullback pullback uh projection 5.57. It is something that that will happen at some point. May happen. Yes, at some point. Okay.
He has had a rejection. It had a rejection. Let's see where it had it at. Uh, let's see. It had a rejection at 15.73. Oh, you can see that 15.73. And uh the Argos are on this 4hour chart is saying that it will continue to uh play out. The the contraction is expected to continue to play out with volatility all the way towards uh Monday the 1st of June. Then after that, we might see a bounce. So we don't have an alignment between this 4hour chart and the daily chart. So um it could it can it can go either way. Can go either way. Yeah. Okay.
But on the daily chart um the underlying trend is uh not expected to really improve. Yeah. As such. Maybe later on, maybe at some point later on towards um towards um uh the middle of June. It's saying here that it might um spike. Yeah. So the stock is so so volatile now. It's now up um it's uh up 81.42%. We've seen we've seen I just I showed you a rejection it had it had at 15.73. Look at the float 50-day average 429,000 even with uh 11 million even with 13 million shares have crossed the tape today. Okay, I think we need to go back to the daily chart to see the sort of volumes has been trading. It's been uh trading. Yeah, let's see. 69 16,000 on Wednesday. 16,000 shares roughly 17,000 the day before 26,000 9,000 on May on Monday Monday the 18th 9,000 roughly eight not roughly 10,000 shares yeah so so tiny so tiny I mean I can imagine why they're saying that it's B rate is so high here we don't have the data yet it's just saying 7.5 I mean it may have increased some at at some point somewhere you know yeah I mean people will be short sellers will be coming here to you know pull it down you know and it's not it's not optionable if it were it would maybe it would have maybe it may provide some uh moderation you know historical volatility volatility 339% yeah all right just be really careful with um AKTX if you want to get involved you know um I guess a pullback will will serve well it has it has already pulled back you know you may say has pulled back already from the highs of 15.73, you know. Yeah. Okay. Just see what you make of AKTX. And uh thank you very much for watching this video.