The area of demand is 1 dollar! I will add heavy as soon as it touches 1 dollar. It is very likely that it will bounce off nicely from 1 dollar area. Shorts will cover as well as the whales will come in! I am posting my trades to test my skills. You do your own DD.
By looking at the history of price action of NDRA, it has been bouncing off quite nicely at 50 ema in last few months... I am seeing 3+ very easily in short term and provided the fda approval of course it can be a banger!!! I post my ideas to keep myself accountable. Do your own DD.
I believe the short term downtrend has broken and also a clear bounce off the fib retracement. Profit taking is from 8 to 10 dollars in coming weeks.
I post my ideas to hold myself accountable of my trades. You'd better trade on your own risk. On weekly set up it has touched 20 ema which has been a strong support throughout the year. It is very likely that it will catch a momentum from here! Swing Entry with minimum risk.