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...
Contextual immersion trading strategy idea. NeuroMetrix, Inc., a healthcare company, develops and markets products for the detection, diagnosis, and monitoring of peripheral nerve and spinal cord disorders. The demand for shares of the company looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I...
Small Cap, Low float, with "Spike-ability". We are seeing volume contraction and trend change flowing from a downward channel into a wedge. According to my assessment, I expect to see a move northwards with possibly a +60% upside potential.
this video is a request from DRRAV who is looking for an exit strategy on this asset. Monthly rsi divergence indicates this bad boy is just about ready for lift off so accumulation for a longterm portfolio is wise. the elliot wave looks prime for a bullish reversal on the minute time frame. Selling or taking profit here is not the correct move.. i hope this...
had to make two parts sorry i dug down to the 1 min time frame
NeuroMetrix, Inc. is a healthcare company, which engages in the research, development, and trade of medical equipment and consumables. It offers an over-the-counter wearable therapeutic device for chronic pain, the Quell Health Cloud, DPNCheck, and pain management devices to treat chronic pain, nerve diseases, and sleep disorder. The company was founded by Shai N....
NeuroMetrix, Inc. is a healthcare company, which engages in the research, development, and trade of medical equipment and consumables. It offers an over-the-counter wearable therapeutic device for chronic pain, the Quell Health Cloud, DPNCheck, and pain management devices to treat chronic pain, nerve diseases, and sleep disorder. The company was founded by Shai N....
With recent move above downward trendlines and brief sideway action pre split, a confirmed uptrend began with channel from break out price near 3.20 coupled with upper channel formation from prior low. This gave green light for short term trade toward prior high points near 4.78. After initial break out the low band of channel began to form and price has...
All watch as Neuro attempts to cover it's previous earnings gap to the downside. As you can see we have a polarity between indicators, with stochastics saying 'down boy' and the previous Fibonacci ratio of .786 that was obeyed implying a rise to atleast 100% of the previous fall to around 1.35-1.40 should eventually happen. If we can't break 1.10 though today I...
I'm long AC on all shares $1, don't let fear sell you out, we are at the .618 fib retracement on multiple time-frames and since the $1.88 high and $.60 52-week low, .87 is the .786 retracement and we just almost touched that today, so buy now before it is too late!
Analysis rests on chart. NURO run from 0.60 to ~ 1.30 may just be the beginning. ER on 1/24 potential jet fuel for a push to 1.78. Medium to long-term, this looks like it will go much higher.
I already rode this from 0.85 to 0.99, looking for re-entry. Low floater with very little selling pressure and a strong uptrend. Price momentum is strong and sustained, indicating reversal. Watch this week to see if it breaks resistance on upper downtrend line. Safe play: 1.20 stop buy; PT 3.00
NURO shows a breakout pattern and could possibly breakout on Feb 22nd. The red shows what I think and the blue shows what possibly could. The 15 min graph is not so clear so people interested should look at a 1min time frame and Tell me what you think in the comments.