DarioHealth Corp (DRIO)

[jimmenknee]

DRIO was brought to the Pincher board as a "text book" setup by a popular momentum trader on 9/8. Classic example of how "Big Board TA" fails to expose the OTC underbelly of momo pushers and sophisticated sellers...

... easy to read a Money Flow chart-- doesn't take 17 years lol

Tuesday, 09/09/14 06:11:02 PM

... Yesterday was a buy signal on the daily, but not textbook given the distance from the bottom (too far) and to the mid-bb (too close)-- DRIO was/is a higher risk Pincher trade.

Textbook Frontload and Dump on the 60 minute chart beginning Friday mid-morning (signals= ChiOsc (money flow), CMF (MOMO pushers), and MFI ("smart" money)). ...

#msg-106102798

I decided to look into the stock/company-- may even trade it at some point down the road -- but not now. The equity side has gotta run through the RS wickets and the fundamental side has gotta put that money to good use to build a supporting base.