LXRX Poised for Major Move Towards Upside

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Tomorrow, LXRX will be sharing Phase 2b topline results of their LX9211 non-opioid analgesic for DPNP.

LXRX stock has declined 38% since their earnings miss & divestiture of Sotagliflozin in Nov '24.

With significant float lock up, high short-interest, and a potentially positive readout, LXRX is poised for a major move to the upside.

PT1: $0.96
PT2: $1.08
Above $1.38 has potential to squeeze to $1.90.
Trade closed: stop reached
okay, i learned that i cant do fundamental analysis. sticking to TA lmao

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