February 24, 2024

ThermoGenesis Continues to Roll

(24/7 MARKET NEWS) – Yesterday, we covered that ThermoGenesis Holdings, Inc. (NASDAQ:THMO) is rolling out a new facility in the Sacramento metro area when it was trading at $3.58 on 1 million premarket shares traded. We thought that it breaking through the $6 resistance level, yesterday, was a bit of a stretch, but, if it can break into the $6 trading range, we think that it may begin trying to fill in the gap to the $10 range.

ThermoGenesis opened yesterday’s regular session trading at $4.18 and hit a high of $5.2699, before closing at $4.19, up $2.08 (+98.58%), on trading volume of 30,554,240 shares. However, it closed afterhours trading at $6.05 then traded as high as $7.75 in this morning’s premarket trading.

ThermoGenesis is now trading at $5.255, up $1.065 (+25.42%), on trading volume of over 11 million shares.

Today’s regular session high of $5.93 and the premarket high, $7.75, are the new key inflection points.

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