Rabu, 21 Juli 2021

NURO Squeezes on Press Release

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Hey Gang,

News plays can be explosive...and dangerous of course.

That's why I don't trade them on the news alone...I always pair them with chart patterns and technical analysis.

A good example of that came yesterday when NeuroMetrix Inc. (NURO) blasted off on a company press release about one of its products…

Shares of NURO rocketed from 3.26 Monday to close at 10.04 yesterday… up 208% on a record volume of 228 million shares.

Compare that volume to the under 100k shares traded the day before, and it's a massive difference.

And this morning, NURO continued to catch a squeeze to over 34 at this moment….now up over 900% from Monday's close.

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I'm going to show you how I personally found an end-of-day trade on this rocket ship, as well as how I use chart patterns to find entries in news plays.

Click here to continue reading…

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Jeff Williams

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