The normal triple top has no gaps between the tops. The same philosophy applies in this pattern as in the triple top. In each case, the stock rises to a certain price level and is repelled two times. The third attempt at that price is successful by the stock’s moving through the level shown by a column of X’s exceeding the point of resistance. since the stock was...
Neurometrix Inc (NASDAQ:NURO) is showing extremely oversold conditions on the daily chart while the daily MACD has formed a bullish rounding bottom. Keep this one on watch, it could be setting up to break out of this large triangle formation. If it breaks next week, we could see +$7.5 quickly.
NURO may revert to the mean if the bullish hammer helps pick this great spread on the upside....indicators both look bullish but its close on the DMI
$NURO has pulled back close to the 200 SMA. Starting to see a falling wedge pattern which generally indicates a reversal is coming
All, NURO broke and looks to be a reverse of trend all around. Could see 12-14 area after that will hit qutie a bit of resistance. Worth taking a stab once this perk settles out here.
9$ look could be a boom or bust for the biotech stock and may have big gains for the risk...having decent symmetry and could be a great return if it reverts to the mean...
after a bearish trend et a range phase, NeuroMetric has given a good signal for changing the trend and start a bullish. but now there are two major resistance 14,6 and 20,9. the break of this level open the road.
NURO may bump up after hitting around 9$ still looking like a buy on the stochastic and a bull still on the DMI...LT for ST
NURO is all over social media and has had a big move up last week with significant volume. Be interesting to watch.
Having some momo for NURO with some great spreads on the fib and an upward trajectory on the DMI and Stochastic...
This stock may be a decent look if it gets some upward momentum and could be a 60% gain for a biotech stock if entered at the right time...even though this is still a risky stock but has a nice spread and fib to match...lets see if this can revert to the mean for some decent gains...
decent tech entry on this biotech stock... looking for a nice spread where the sweet spot and a possible end to the lows with a possible upward slope depending on the price-action...
Pupm&Dump trading strategy idea. $NURO is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $25,95; stop-loss — $28,07; take-profit — $21,72. Do not view this idea as a recommendation for trading or investing. It is...
Updating on day 2 of this NURO run as premarket highs have it making new multi-year highs. Looks like that highest-high fib line ( around 18.90) could be sticky as it was a failure point in 2018 and a heavy traffic area in 2017, which was support at that time. Let's see what happens here and whether the 17.70-17.80 area will hold as resistance or if there's...
I took the NURO chart out to 2019, which was the last time it traded around these levels. After plotting these fibs, wouldn't you know, the 236 and 382 lined up almost EXACTLY with today's action. The 382 could be an important level to watch as this was a prior area of "high traffic" and a support/resistance pivot in 2019. With volume surging, 382 fib line could...