(24/7 MARKET NEWS) – Vallon Pharmaceuticals (NASDAQ: VLON) is trading at $0.75, up $0.287 (63.17%), on 13.5 million premarket shares.
Its 52-week trading range is $0.2054 to $8.35. If can break through Friday’s high of $0.81, on strong trading volume, it would break through what is essentially a quadruple top from its December, August, and July highs. It should try to challenge the $1+ level and this chart, over a long term, looks like it could run. If this momentum is sustainable, the possibility of filling the gap to $5 becomes even more attainable.
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