Current volume 10 - 12 M
Previous candles show Volume 1-4 M
With major dump candles around 50-52 M in volume
Potential up to fill Gap up to $19.30
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Over all trend is down
Eargo Inc is a medical device company, focused on improving the quality of life of people with hearing loss. The company offers hearing aids, professional support services, and other insurance-related services. The product portfolio includes Eargo Neo HiFi, Eargo Neo, Eargo Max, and related accessories.
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IPO intraday trading strategy idea
Eargo makes hearing aids.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $39,00;
stop-loss — $33,30;
take-profit — $56,10.
Do not...
Eargo, Inc. is engaged in the development of hearing aids and headsets solutions. Its products include Eargo Neo HiFi, Eargo Neo, Eargo Max, and Eargo Accessories. The company was founded by Florent Michel, Raphael Michel, and Daniel Shen on November 12, 2010 and is headquartered in San Jose, CA.
NASDAQ
