Novan, Inc. (NOVN)

Trade Setup

Novan, Inc., a clinical development-stage biotechnology company, provides nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases. Its clinical stage dermatology drug candidates include SB204, a topical monotherapy for the treatment of acne vulgaris; SB206, a topical anti-viral gel for the treatment of viral skin infections; SB208, a topical broad-spectrum anti-fungal gel for the treatment of fungal infections of the skin and nails, including athlete’s foot and fungal nail infections; and SB414, a topical cream-based gel product candidate for the treatment of inflammatory skin diseases. 

Stocks found in the category TradersPro New Uptrend are low priced stocks priced between .20 and $7, with at least 50k shares of average shares trading per day.   The stocks are starting new uptrends and have buy signals.  These are high reward to risk stocks with the potential for very sharp moves.  A stop should be maintained at the low of the most recent hold signal day.   Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro. Trailing stops or letting the stock run until the next sell signal is also a sell strategy.

 
Trending Ideas

Featured Stocks On The Move

Daily Rundown
  • Biopharmaceutical, Fintech, Robotics, AI

    Praxis Precision Medicines, Inc. (PRAX) Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system disorders. The company leverages genetic insights to create... Read More

  • Space, AI, Spacecraft, Medical

    Intuitive Machines, Inc. (LUNR) Intuitive Machines, Inc. is a leading provider of space exploration and lunar landing solutions. The company develops advanced spacecraft and technologies that support NASA’s missions and... Read More

  • Semiconductors, Banking, Retail, Tools

    Magnachip Semiconductor Corporation (MX) Magnachip Semiconductor Corporation designs and manufactures analog and mixed-signal semiconductor products. Serving automotive, industrial, and consumer markets, the company delivers advanced display and power solutions. Chart... Read More

  • Sportswear, Blockchain, Medical, E-commerce

    On Holding AG (ONON) On Holding AG is a premium sportswear company specializing in high-performance running shoes and apparel. Known for its innovative cushioning technology, the company caters to athletes... Read More

  • Chemicals, Venture, Energy, Insurance

    Flexible Solutions International Inc. (FSI) Flexible Solutions International Inc. develops and manufactures biodegradable and environmentally safe chemicals. The company specializes in water and energy conservation products, serving industries like agriculture... Read More

  • Data, Blockchain, Education, Semiconductors

    LiveRamp Holdings, Inc. (RAMP) LiveRamp Holdings, Inc. specializes in data connectivity and analytics, helping businesses unify customer data for personalized marketing strategies. Its platform enables secure data sharing and drives... Read More

  • Services, Renewable, Batteries, Midstream

    Ranger Energy Services, Inc. (RNGR) Ranger Energy Services, Inc. provides well service solutions to the oil and gas industry. The company specializes in high-spec rigs, well maintenance, and completion services,... Read More

  • Analytics, Manufacturing, Appliances, Energy

    ExlService Holdings, Inc. (EXLS) ExlService Holdings, Inc. is a leading provider of data analytics and digital operations solutions. The company helps businesses enhance decision-making, streamline operations, and achieve transformative growth... Read More



Top 3 Stocks in Leading Sectors
  • 3 Healthcare Stocks To Buy Now

    DocGo Inc. (DCGO) DocGo Inc. provides innovative healthcare mobility solutions, offering on-demand medical services and transportation. The company combines technology and healthcare expertise to deliver convenient, patient-centered care outside traditional... Read More

  • 3 Retail Stocks To Buy Now

    Wayfair Inc. (W) Wayfair Inc. is a leading e-commerce platform specializing in home goods and furniture. The company offers a wide selection of products, seamless online shopping experiences, and innovative... Read More

  • 3 Semiconductors Stocks To Buy Now

    GSI Technology, Inc. (GSIT) GSI Technology, Inc. develops high-performance memory and storage solutions for networking, telecommunications, and defense applications. Known for its cutting-edge SRAM and AI processors, the company supports... Read More

  • 3 Technology Stocks To Buy Now

    BTC Digital Ltd. (BTCT) BTC Digital Ltd. is engaged in cryptocurrency mining and blockchain technology development. The company leverages advanced infrastructure to produce digital assets and support the growth of... Read More

  • 3 Distribution Stocks To Buy Now

    DNOW Inc. (DNOW) DNOW Inc. is a leading distributor of energy and industrial products, offering supply chain solutions and services. Serving oil, gas, and industrial sectors, the company ensures operational... Read More

  • 3 Energy Stocks To Buy Now

    EQT Corporation (EQT) EQT Corporation is a leading natural gas producer, operating in the Appalachian Basin. The company leverages advanced technologies to optimize energy production and deliver sustainable solutions to... Read More

  • 3 Consumer Stocks To Buy Now

    Playa Hotels & Resorts N.V. (PLYA) Playa Hotels & Resorts N.V. owns and operates all-inclusive beachfront resorts in prime locations across the Caribbean and Mexico. The company offers luxurious accommodations,... Read More

  • 3 Aviation Stocks To Buy Now

    Kratos Defense & Security Solutions, Inc. (KTOS) Kratos Defense & Security Solutions, Inc. specializes in developing and deploying advanced defense technologies, including unmanned systems, satellite communications, and cybersecurity solutions. The... Read More