Replies to post #11000 on DarioHealth Corp (DRIO)

[Smilin_B]

I own this steamer at .314 but im not confident im in the "safe zone" just yet

We need VOLUME and MOMENTUM and none of this is going to occur in absence of news or rumor

"in my opinion"

[jimmenknee]

Money Flow Chart Update: "Bearish Engulfing Fluff"

Gap open based on Press Release was quickly sold into. The emptiness of the PR could not stand on its own; so that, combined with no "serious" pumping, led to little movement throughout the day. End result, combined with yesterday's indecision candle, was a Bearish Engulfing pattern and a Money Flow TA chart that cuts short the up cycle. Minimum 1-2 session wait now to flush out the down cycle.

Money Flow TA 3 Cycle Buy Side Opportunity Wasted: Money MOMO (ChiOsc) continues to move downward and may braid the neg-MOMO in 1-2 sessions. Monthly retail (CMF 21) joined short-term Retail (CMF 3) (#2 on chart) in its dropping support. Both short-term (MFI 3) and monthly "Smart" (read: manipulative) Money (MFI 21) reversed course (MFI 3 typically does not cut short its up cycle).

Buy volume (PVO) (#3 on chart) was a no show.

Raff Regression and Fibonacci Fan replotted based on Sep 9 top and Oct 9 bottom (Oct 8 for Fib Fan). Key price areas to watch: Fibonacci pivot support (S1) @ .434 and (S2) @ .307-- sub-price points: .395 (Raff Regression) and .31 (Lower BB)