🤞🙏🤞Dr. Alkon hopeful for an Alzheimer’s breakthrough

by Jeff Bishop | Sep 2, 2022 | SNPX

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Dear Traders- Jeff Bishop here!

If you’ve been following our updates you know we’ve been featuring Synaptogenix (SNPX) and its lead therapeutic candidate Bryostatin-1 for the treatment of the disease we all know and hate — Alzheimer’s.

Beyond our coverage, the TD Ameritrade Network recently featured SNPX President & Chief Scientific Officer, Dr. Daniel Alkon.

Dr. Alkon starts off this interview (watch the full 8-min clip here) with HOPE, stating (emphases added):

“We are hopeful that we are at the cusp of a breakthrough in the treatment of Alzheimer’s disease. This is a field that has had years and years of failures to actually treat the underlying disease, to halt the progression of it, to get people BETTER. We are HOPEFUL based on a number of reasons […] that we are going to see a breakthrough in data that we are about to report in a few months.”

Dr. Alkon is referring to data from a six-month long Phase 2b clinical trial of Bryostatin-1 for moderate and severe AD patients to be reported THIS December – offering hope to the millions of AD sufferers and their loved ones.

I’d also like to reiterate what I think is a very important chart that I shared with the 360 Wall Street audience yesterday:

SNPX is still maintaining a perfect “stair step” pattern. That is a pattern where the stock consolidates at a level, then breaks resistance and moves higher.

Now, while it is uncertain if this will lead to another move higher for SNPX, it is very interesting to look at how it did work the previous 2 times in this current rally.

I am particularly interested if SNPX breaks above $8.76 which has been the resistance level for the last 2 weeks. If that happens, then we just might move to the “fourth step” in this pattern.

This is one of the more interesting setups in the whole market right now, so keep an eye on this.

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