'Strong Buy' with HUGE UPSIDE POTENTIAL | Baudax Bio Stock Review #Shorts | BXRX Stock Analysis

Published on August 26, 2021

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‘Strong Buy’ with HUGE UPSIDE POTENTIAL | Baudax Bio Stock Review #Shorts | BXRX Stock Analysis #Stocks #PennyStocks
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Hi! Welcome back to my channel.
Here we talk about the stock market, and the best stocks to buy now!

A penny stock today! And an interesting one. Baudax Bio. BXRX is a company which was spun out of Recro Pharma in November 2019. Though it has other early stage assets in its pipeline, the company’s future currently depends on its recently approved long-acting NSAID drug Anjeso for the management of moderate to severe pain in acute settings. BXRX has been pummeled since the start of the pandemic dropping from the high $7s to the low $1s. While the developments have been net negative, the selling is now way overdone. The EMA 20 line has only recently closed above the EMA 40 and I want this upward trend to continue. If this trend keeps up could be a good short-term buying opportunity. I would like the SMA 50 to cross and trend upward to the SMA 150. The average upside potential by analysts is 562%! Highly speculative stock but I feel it will make its way to $3 and above. I do expect a quick 50 cent bounce. Like Share, Subscribe

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CLVS Stock Zacks, 'Strong Buy' with HUGE UPSIDE POTENTIAL | Baudax Bio Stock Review #Shorts | BXRX Stock Analysis.

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You make an informed guess about the future prospects of the film production company. The fact of the matter is that trading penny stocks can be extremely gratifying. It is very vital that you keep away from these traps.

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