Shwayze

ECOR area of value

Long
NASDAQ:ECOR   electroCore, Inc.
ECOR has been an interesting stock, with what looks like massive pumps regularly on a declining stock. Although momentum was reversed recently, we can expect this stock to drop further down to around $1.48, at which point it will hit this area of resistance. The last couple times ECOR accumulated on this line, it has spiked up 500%, and 350%. Worth a shot with a stoploss.


As far as Insider Trading, nothing to report, at least nothing really being sold. Large amounts of shares bought by insiders in 2018 and they seemed to have held onto them.

Analysts are targeting this stock with Buy ratings and a few Hold ratings, even 2 strong buys. Average Target for 12 Mo is $4.30, the high is $8.00 and the low is $1.78

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