FDA Clearance for Treatment of Anxious DepressionSTIM: Neuronetics
2022-07-19 07:00:00
NeuroStar® Advanced Therapy for Mental Health Receives FDA Clearance for Treatment of Anxious Depression
STIM trade ideas
STIM BullishI like the recent MACD cross and that the most recent candle tested two fib levels and closed over the .382 level. Also after an extreme sell off price seems to have bottomed at 4.61. The ADX shows a relatively strong trend with the directional indicators moving in a bullish direction.
targeting: 5.63, 5.81, 6.04
STIM BullishMACD is crossing and the price has consolidated around $12.17 for several trading days. I will try to add between $12.17 and $11.60 with a stop at at $11.36
Target: $16.34
$STIM LONG - looks like price want to go higher$STIM - looks like it might be good here for a long position.
My stop is $16.50
$STIM - may have missed the moveI should have got in yesterday.
I am considering an entry tomorrow on a pull back.
It's opex so we may get one.
I like swinging this stock.
$STIM - biotech category - same indicators as the others$STIM - added to my biotech/genome category
It has the same "chicken-beak" patterns as EDIT, CRSP, BNGO and others.
I'm swinging this stock. It has buyer support at $14.00 level. We are barely above that, so feels ok to keep adding to this swing trade.
Follow the trend Lets see if this wanna play to target 8+
Just to follow the stock
but i see a small retrancement befor it keep going forward
STIM BULLISH STIM looks like its ready for its next leg up as the MACD starts to cross, it broke thru the descending trendline today and today's candle closed above 6.34 (100% Fib level) assuming it can break thru resistance at 6.85 I think this goes much higher. First target 7.82 and on to 10.21 in the longer term
STIM Very Bullish The STIM chart looks very bullish with a recent MACD cross and the 9ema crossing the 20ema. Also the .23 fib level was tested twice and should act as a support level. First target 5.82 then 6.26 in the short term.
$STIM Neuronetics, Inc. 60% Potential Upside Neuronetics, Inc. commercial stage medical technology company. It focuses on designing, developing and marketing products for the patients suffering from psychiatric disorders. The firm offers NeuroStar TMS, a therapy system for the treatment of major depressive disorders in adult patients. It also provides a range of support services, including patient education, practice data management system, and customer and technical services to help the client start and manage TMS therapy systems. The company was founded by Steven B. Waite, Bruce J. Shook, Norman R. Weldon and Thomas D. Weldon in April 2003 and is headquartered in Malvern, PA.
Average Analysts Recommendation: BUY
Average Target Price: $5.75
Appointment of Keith J. Sullivan as President and Chief ExecutivNeuronetics Announces the Appointment of Keith J. Sullivan as President and Chief Executive Officer
Keith’s track record includes successfully growing multiple MedTech businesses, driving innovation and impressive market development
We believe that Keith’s experience in commercializing products that involve both capital equipment and recurring revenue streams is an excellent fit with Neuronetics, and I am confident his public company experience and leadership skills further position Neuronetics extremely well for strong execution
Mr. Sullivan brings over three decades of medical device industry experience to the company
Mr. Sullivan, who has more than 30 years of senior sales leadership experience in the medical device industry
Mr. Sullivan received a Bachelor of Business Administration from the College of William and Mary and is a clinical professor in the Mason School of Business at William and Mary.
www.globenewswire.com
(EXITED) $STIM- NEURONETICS INC Got in and out quickly. Maybe Ill pick up more, who knows but ill watch and see how I play my next move...
$STIM- NEURONETICS INCSo, I picked up a quick 100 shares @ 2.65 and sold for 2. 85 as it drops a bit, I think i'll pick up more on the trending going up
