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Lexaria Bioscience Corp LEXX

Alternate Symbol(s):  LEXXW

Lexaria Bioscience Corp. is a Canada-based biotechnology company. The Company's patented drug delivery technology, DehydraTECH, improves the way active pharmaceutical ingredients (APIs) enter the bloodstream by promoting more effective oral delivery. DehydraTECH has also evidenced an ability to deliver some drugs effectively across the blood brain barrier. It is advancing several research and development (R&D) activities in both preclinical and clinical programs. Its primary research programs are the investigation of optimal formulations of DehydraTECH-enhanced glucagon-like peptide-1 (GLP-1) and glucose-dependent insulinotropic polypeptide (GIP) drugs as well as the investigation of cannabidiol (CBD) for the reduction of hypertension leading to a cleared IND application by the United States Food and Drug Administration. It operates a licensed in-house research laboratory and holds an intellectual property portfolio with around 46 patents granted and many patents pending worldwide.


NDAQ:LEXX - Post by User

Bullboard Posts
Comment by shawkon Nov 07, 2017 10:11pm
52 Views
Post# 26922615

RE:Trend is our Friend.

RE:Trend is our Friend.Pretty scary looking setup on the LXRP chart today after a bearish hanging man candlestick formed after our nice advance, that combined with an overbought situation with the RSI probably presages another bear attack tomorrow. If they crash .75 on LXX chart then they could push it all the way back to about .60 cents. Of course any important news tomorrow would negate this bearish setup and start a steep climb higher.
Dips are a gift from above.
Bullboard Posts