DarioHealth Corp (DRIO)

[Penny Speculator]

The truthful FACTS of what's going on HERE:

First off, anyone who has seen my posts here KNOWS I absolutely freaking LOVE this stock! And I have been and currently still am HOLDING LONG & STRONG!

With that being said, that still doesn't stop me from trying to put out the facts here in a truthful way.

This was/is needed to break thru our next resistance.
Yes, unfortunately this pullback was/is needed...

Why?
Because with the previous share holders we failed to hit and obviously break thru today's resistance goal of .19 which is a MAJOR resistance level, being an at least 16 time tapped resistance back from around August 18.



The stock had TWO chances today to break thru that .19, but didn't. You can't fault anyone for selling when they gave the stock the entire day to make its move, all the way up until power hour. The chart technicals CLEARLY show a SELL signal upon the first power hour 15 minute candle CLOSING BELOW a SOLID ascending trend line.

Learn technical analysis via charts and level 2 and you become the all seeing and all knowing stock trader!

One could've easily seen the power hour breakdown and sold but then easily know .138 was a MAJOR support level and bought right back in when level 2 Bids started printing at or just above .138, and it actually went down to .1395...






We need new, fresh hands to come in that will be ready and willing to hold long enough to break thru that next resistance.
And I believe we got those needed hands in now!

Why?
Because today, Tue Sep 9, we just officially had our BIGGEST $dollar$ volume in this stock's HISTORY!
The last most biggest dollar volume this stock ever had was $2,520,000 million dollars on August 25, the stock's 52 Week Low day!
Today, we just had $2,700,000 million dollars in trading volume, and SEVERAL HUNDRED THOUSAND was right at the END OF DAY!

You put that HUGE record-breaking dollar volume together with a BULLISH hammer candle, that CLOSED ABOVE a MAJOR support line, and a HUGE green volume bar, and it looks like we FINALLY have what's needed to BLAST THRU that hard .19 resistance line!
And ONCE we DO break thru .19, we can almost immediately go right to .245!



On Fri Sep 5 we closed UP +21.36% and yesterday on Mon Sep 8 we closed UP +28.80%!
Today, Tue Sep 9, we ONLY closed DOWN -4.97%...!

Please calm down folks. The daily chart is STILL keeping its ascending UPWARDS trend!
The RSI is just freaking PERFECT for a LONG LONG RUN!
The MACD is CONFIRMED BULLISH!
And guess what, we can have ANOTHER DOWN day where the next daily candle hits and touches the BOTTOM ascending trend line and we would STILL be ALL GOOD! In fact, that may be EXACTLY what happens because today it touched the TOP ascending trend line and just look back, when it touches the TOP it drops back down to the BOTTOM support trend line, and when it touches the bottom it shoots up for 3 days to the next TOP touch.

This will break thru .19 soon enough and when it does put on your space suits!