PROK - ProKidney Corp - $4.87We've been keeping an eye on PROK since July an glad to see it showing signs of another potential breakout trade. Currently at $3.21 going into the Pre-Market but we're looking for a potential $2.50-$2.60 entry if she consolidates from this move before pushing forward. Our Price is that $4.23 - $4.87 while she continues to trade in this lower descending wedge before finding the right compression to break and bounce out.
The company hit a $7.13 High in July ($13.77 in August '23) and we expect to se it gradually work to retest that going into 2026. But for now, going into October, we're looking at that $2.50 to $4.87 Trade for a 90-100% Swing. This comes after the company should achieve funding into 2Q 2027 based on Cash, Cash Equivalents and Marketable Securities.
