$DMPI possible bounce

DDMPI has several fundamental recent catalysts, by the time of writing this post it's gapping 40% with some volume.
The stock has fallen about 65% YTD. I'm watching the stock for a spike today or within next few days.
The trade Idea is to see it getting supported around 1.50 with volumes then breaking above 1.67, the targets might be 2, 2.20-2.30,2.50
finance.yahoo.com/news/delmar-pharmaceuticals-initiates-phase-2-080000354.html
finance.yahoo.com/news/delmar-pharmaceuticals-receives-ind-allowance-120000263.html
finance.yahoo.com/news/delmar-pharmaceuticals-announces-issuance-patent-093000627.html