Recaps · October 8, 2026

BIAF, October 8: the $8.00 wall, one halt, and $9.37

• Small cap
• Momentum
• Main move: the morning
• News on the day
• Round-number break
• Halted once
• Float traded about 11x

Float

1.16 million shares

Volume

12.35 million shares

Previous close

$6.16

Open

$6.38 (up 3.6%)

High

$9.37 at 10:08 a.m.

Halts

1 (12:07 p.m.)

Close

$5.65

The day before

On October 7, BIAF was quiet. It traded between $5.87 and $6.29 on 42,407 shares and closed at $6.16. That is a tiny float (1.16 million shares) on very low volume.

Pre-market: the headline at 8:00

The first trades on the 8th were at $6.06 at 4:42 a.m., below the $6.16 close. For more than three hours it barely traded.

At 8:00 a.m. this headline came out: “bioAffinity Technologies Announces Notification of Japanese Patent Allowance Covering Noninvasive CyPath® Lung and AI-Built Algorithm”. The 8:00 bar opened at $6.15.

It ran to $7.65 at 8:06 a.m. Then it kept going: $8.20 at 8:10 a.m. By 8:14 a.m., more shares had traded than exist in the whole float (1.16 million).

The pre-market high was $8.34 at 8:14 a.m. It reversed hard. By 8:18 a.m. it was at $6.50, down 22% from the high. At 8:30 a.m. the company filed an 8-K (a current report). From 8:30 until the open the price drifted between about $6.16 and $6.98. 2.41 million shares traded before the bell, about twice the float.

The wall at $8.00

It opened at $6.38, up 4% from the previous close. By 9:44 it was at $7.54, up 18% from the open. It pulled back to $6.82 at 9:50 and then turned up again.

At 9:54 a.m. someone started offering stock at exactly $8.00, just under the $8.34 pre-market high. The 9:54 minute traded 180,015 shares, the biggest volume since the open to that point.

The wall peaked at 41,587 shares at 10:01:33, about 4% of the float. At 10:01:35 the first trade printed at $8.00. In about a tenth of a second, 39,716 shares traded at exactly $8.00 and the wall was gone. It wasn't pulled. Buyers ate it. One buy order swept 27,636 shares from $8.00 to $8.19 across 20 price levels.

The 10:01 minute went to $8.36, over the pre-market high. It kept climbing. A buy sweep of 18,437 shares ran from $8.98 to $9.13 at 10:08:07, and the high so far was $9.37 at 10:08. That minute traded 320,143 shares. Within five minutes it was back down to $8.13.

A lower high, and more stock stacked above

It bounced again. At 10:18 it pushed to $8.95, a lower high under the $9.37 top. After that it did not trade above $8.95 before the 12:07 halt.

Meanwhile more stock was stacked above. An ask wall at $9.00 showed up at 10:14. Another at $10.35 appeared at 10:17 and was pulled at 11:57. A wall of 50,157 shares at $9.49 appeared at 11:57 and was pulled at 12:07.

The slide came in steps. At 10:39 a sell order swept 19,157 shares from $8.01 to $7.80 and the minute hit $7.62. At 11:14 another sell sweep took 24,188 shares from $8.01 to $7.87. By midday it was back near $8.00.

One halt at $7.09

At 12:07:00 a sell order swept 62,872 shares from $8.13 to $7.47 across 61 price levels. A second one took 18,998 shares from $7.27 to $7.09. At 12:07:15 p.m. the stock was halted (a volatility pause) with the last trade at $7.09. The same minute, a headline came out: “bioAffinity Technologies, Inc. Announces Approximately $4 Million Registered Direct Financing of Common Stock and Concurrent Private Placement Priced At-The-Market Under Nasdaq Rules”.

An ask wall at $7.09, the halt price, was first seen at 12:07:03. It peaked at 169,237 shares, 14.6% of the float, at 12:07:15 and was pulled at 12:15:44. A 48,000-share wall showed at $7.39 at 12:15.

It reopened at 12:17:15 at $6.30, 11% below where it stopped. The opening print was one trade of 53,649 shares on Nasdaq. The 12:17 minute ranged from $6.04 to $6.93 and traded 271,702 shares.

The rest of the day

It sank to $5.66 at 12:30, bounced to $6.82 at 1:09 p.m., and at 1:30 a second press release about the financing went out. The afternoon was quiet and drifting, with $5.50 the low after the open, at 3:08 p.m.

It closed at $5.65, below the $6.16 previous close and 40% under the $9.37 high.

In the regular session, 9.86 million shares traded. Counting pre-market and after hours, 12.35 million shares traded: the float changed hands about 11 times, at about 14 times its normal volume.

What to take from it

• A wall just under the pre-market high can break in a blink. Here 39,716 shares at $8.00 traded in about a tenth of a second, and the stock ran another $1.37 in seven minutes.
• A halt can reopen lower than it stopped. The stock stopped at $7.09 and reopened at $6.30. A market buy at the reopen cost $361 more than the screen showed.
• After the top, the next push stopped lower. $9.37 at 10:08, then $8.95 at 10:18. The stock closed at $5.65, below the previous close.