DarioHealth Corp (DRIO)

[Phin]

I was watching L2 all day, basically what happened was selling stopped and the bids weren't being bought, so the Ask were being sold and the price was slowly, very slowly going up. Then when it got close to going green all of a sudden a burst of buying volume came on and the Ask was getting whacked and it hit .12 in no time. Then it didn't take long to hit .13 also on a lot of volume. Then in the last 1/2 hour profit taking set in to drive it down, it did recover back to .129, but with very little volume the bid got hit back down to .12 (went from .129 to .12 in 9 mins).

Based on what occurred, to start the morning it bounced off a little below .10, so it confirmed .10 as strong support and made it's way up as I described. I think based on the .10 support confirmation we are at the beginning of a new uptrend. JMO.