Been a bull I this medical device company since 2017. One of the most BULLISH setups I’ve found. Monthly chart has double bottomed on bullish divergence and we are completing an inverse head and shoulders pattern which is now at the neckline. Monthly RSI is about to break out which I can confirm by looking at the volume as well as the PPO, which is moving apart...
Cormedix has a clear breakout pattern and has now retraced the first impulse higher. It's a great spot to buy for a run to the $8 level at least.
WL for possible triangle breakout & momo IH&S
$OWVI has great potential
CRMD - If we break 9.46 possible long to 10.87. Stop signal 8.94
CRMD seems forming a potential downward channel. It seems trying to breakout this upward channel right now. We think it has good upside potential if it can break out
CRMD is in a corrective phase and i'm expecting a breakout to the upside. Let's see if it goes straight up or if it tests one more time the lower wedge.
CRMD saw a massive gain yesterday. Over the course of the day we can see that the MACD historam tightens with the stock price into a triangle - suggesting a probably trend continuation (though reversal is also possible). A major break through this formation on substantial volume will indicate whether CRMD could potentially see a second big day, or if it will...