$2.94 to $16.24 in 3 hours up to 452% on the day $NAOVBANG! 💣 $2.94 to $16.24 in 3 hours up to +452% on the day NASDAQ:NAOV
Shared it in chat for everyone premarket while it was still +170% on the day, a few dollars per share profit keeps the job away, great way to start the day comfortably, life is good 🤑
Another day another strong vertical, told you it never stops no matter what's up with overall market, no matter what Trump says
NAOV trade ideas
NOAV bottom fish playbottom fish opportunity, this one can look for entry at the bid, real action doesn’t start until over 1.52 and watch for rejection at 1.64 (could be quick in and out target might blast through without any resistance)
Entry @ the bid over 1.35
PT1- $1.66
PT2- $2.02
Macro (weekly hold)
PT1- $2.49
PT2- $3.32
PT3- $3.78
stop loss 1.33
R:R (PT2) 8.86 +43%
Cautions, low float can mean moon shots or steep elevator rides down, physical stops are highly recommended on this one and if kept tight can look for re entry if it stabilizes after getting struck.
They have no history of splits, I’m currently looking into open offerings or potential for a momentum killer shelf.
The weekly chart (last picture) makes me a little uncomfortable the way my averages are stacked and RSI below trend but reversals happen before weekly candles form, so proper risk management is a must. This could be fun though.
NAOV is low floater and could get violent with volatility. 24M OS
NAOV BullishI think this company has potential for growth due to its reasonable price, new products, and expanding manufacturing. I think it could reach anywhere from 2.50 all the way up to about 10$ as the analyst target suggest. keep a close eye on this one, i loaded heavy just now. Biotec, pennys and growth stock season also suggest this will pump some.
Taking another look So it seems in the 1 hr time frame we had a spinning top formation.
The strategy that I use is indicating a buy for me. Trend is still above 50 EMA and 200 Ema in almost all time frames.
Also good news about the stock keeps coming out so I think its safe to say we are Bullish from here
Update! STOCK INFO:
Nanovibronix first caught my attention because it was held in about 13 different hedge fund portfolios. On my first idea post I stated that they had been approved for their Eruoshield and Painshield.
On Aug 5th they had finished their application to receive Reimbursement codes from the CMS (Centers For Medical and Medicaid). This code to my understanding will allow NAOV to receive payment for any services that are done using these new products. The majority of stock websites that I follow say that this stock should preform well in the short term and I think they are right considering the gain we have seen today.
"Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for NanoVibronix, Inc stock to perform well in the short-term."
UroShield™ is an ultrasound-based product that is designed to prevent bacterial colonization and biofilm on indwelling urinary catheters and increase antibiotic efficacy, ultimately reducing the incidence of catheter-associated urinary tract infections (CAUTI). UroShield is also intended to decrease pain and discomfort associated with urinary catheter use.
PainShield Plus, like the original PainShield, utilizes ultrasound therapy for the treatment of pain and various soft tissue injuries either directly over joints or orthopedic hardware and without the need for messy ultrasound gels. The device is an effective solution for avoiding opioid treatments and equips patients to receive therapy independently in the comfort and safety of their own homes ( If another lockdown were to happen I think this could be an asset to many patients)
CHART ANALYSIS:
Today had a high of about 2.75-2.80 and now we are holding at about 2.40. in order for me to hit my target we have to break past resistance lvls 2.50, 2.64, 2.72. Once this happens any of those could be future supports to push us to 3.75. Other then the current resistance I have talked about I don't really see anything stopping it from hitting my target which I think is very doable with all the good news and momentum we gained from today. Todays low and high does show some volatility. If this would drop a little I would only add at supports lvls. Its not over bought or oversold yet but I think it will go down a little before it goes back up.
Again, I'm nowhere near experienced or a financial advisor, do your own research and make your own decision on weather this is a good play or not.
GOOD LUCK TO EVERYONE!!
$NAOV: SmlCap play - Potential 50-120% upside from today's closesee easy and self explanatory boxes on chart for Entry, Exit and Stop loss zones. Never chase any stock.
Not for any recommendation, Just an Idea. Like it >> Click 👍/comment, and follow.
I Closed 2 trades from previous posts ( GENE for +50% in 13 days, ADTX for +92% in 29 days).
$NAOV is gonna fall todayPupm&Dump trading strategy idea.
$NAOV is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,96;
stop-loss — $4,43;
take-profit — $3,02.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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NAOV Levels For MondayTaking a look at NAOV trading activity on Friday shows post-market action took the stock back up toward the 236 fib line from a retracement using 2019's highs of around 4.50. NAOV hit 3.61 around 6PM ET then got slammed lower, back down below the 382 fib line by the final bell. since that sits right around $3 that could be an important level to monitor if you're looking at NAOV heading into the week. This Fib level was also a previous area of resistance in Late 2019 and early 2021.
Something else to keep in mind is the upcoming proxy vote where the company will look to increase its authorized share count to 40 million. Either way, after such a huge parabolic move, it's going to be important to watch premarket action to see if NAOV can hold these levels at the start of the week.