Wednesday, November 15, 2023

Ethereum Chart Update

Ethereum, the second largest cryptocurrency behind Bitcoin, is having a solid year to the upside, thus far, up around 65%. The weekly chart looks bullish on an intermediate basis, (weeks to months) with higher lows occurring, prior to the previous low. The current move higher has been strong, but met with an older resistance point, around the 2120 level, where ETH pulled back from there back in May.  A breakout above that 2120 resistance level, could take it higher 18% to my target point of 2500, per weekly chart below. Thank you for reading. 

Tuesday, November 7, 2023

Axsome 3rd Quarter Financial Results

Axsome released their third quarter financial results on Monday. Just a few highlights from the just completed impressive quarter, are below. 

  • Auvelity for MDD sales totaled $37.7 million for the quarter
  • Sunosi for narcolepsy sales totaled $20.1 million for the quarter
  • $417 million in cash on hand, end of quarter
  • AXS-12 clinical trial for cataplexy, to read out in the first quarter, 2024
  • AXS-05 clinical trial for Alzheimer's Disease Agitation, complete first half of 2024
Below is up to date, weekly prescriptions of Auvelity for MDD. Thank you for reading.