DarioHealth Corp (DRIO)

[Dr PennyStock]

What happened here today is very simple to explain, first the .13 resistance, the stock closed above it yesterday, but, still very close, and, second, the market opened losing about .5%, and, caused the sell pressure, then it continued to fall until near 1%, and, recovered to .5%, then dropped again, and continued the fall until closing losing 1.6%, and, this percentage is a big fall, this is the DOW, not a stock.

You can see below the DOWS's chart, and today's candle, a very long and ugly red candle: http://stockcharts.com/h-sc/ui?s=$INDU&p=D&b=5&g=0&id=p78686261700

And what DRIO made? Closed at .097, pre-split price, so what? It is trading inside a straight channel, between .096 and .13. As you can see on the chart below, the stock has confirmed support at .088, now .44, and, closed today above the .096 support, now .48. Still has another support at .465(former .093).

Like it has recovered in every ocasion it pulled back before the R/S, it will do the same this time, so this is not any tragedy like some are trying to suggest, nothing unusual.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&b=5&g=0&id=p78686261700