mid term +3,200%Auris Medical Holding Ltd., a clinical-stage biopharmaceutical company, developing therapeutics that address important unmet medical needs in neurotology, rhinology and allergy, and CNS disorders.
EARS
EARS Ready To Make It's Move?This small-cap stock is showing signs of accumulation and has some clearly defined hidden bullish divergence. Look good for a nice pushup, possibly even towards its major historical resistance at $23. A weekly close above $5 would be a great start, and a weekly close above $6 would be very convincing.
EARS Long Swing-Trade IdeaThe rising reverse wedge pattern highlights common lower support and higher resistance trend.
A pattern has emerged where the price appears to spike on/around the 9th and 21st of the month and the price seems to rise up to the next level of the fibonacci retracement (Support/Resistance).
I would consider taking a long position at the $3.50 level for a potential move up to $6.00 by 22/Mar/2021.
The fibonacci retracement levels are derived from a previous high volume price spike event that occurred on 1/Dec/2020 wherein the highest concentration of volume occurred at the $5.14 - 5.61 price range.
It is probable that a high number of investors are locked in within that price range and may induce more sellers at these levels, thus there will be significant resistance to pass through that price range on the next spike. $6.00 is possible, but $5.50 may be a more realistic price target due to resistance.
I currently have no position in EARS, so this is just my unbiased opinion based on previous stock performance.
EARS update: You made money if you were patient!We're looking at a $3.08 long term POC, with around $5 POC if you include the crazy volume day it went up to ~$10 closed around $8. Bulls seem to have identified a support here and it's getting frothy off of no news! I think it's more and more investors catching wind of the Covid nasal spray preventive, along with the domination Auris has in ear, nose and throat diseases. I still have lofty long term goals, but will update with more DD soon on possible competitors.
EARS Bullish SetupAuris Medical released positive data for a nasal spray that showed 99.4% efficacy in the prevention of COVID with a nasal spray. Could be a big deal. I have no idea but the price action suggests they may be on to something. This is a low handle cheat entry. Be aware that this company could hit investors with an after market secondary following the strong price appreciation of their stock.
Early Warning: TSI and EARS indicator performanceGood performance by the EARS (Early Reversal Signal) and TSI (Trend Shift Indicator).
EARS signals early potential shift
Downward trend in TSI likewise
The rise in EARS is slowly over...In the short run, EARS had a nearly 800% profit. It is advisable to relax a little. In the exchange rate I do not expect a new rising wave structure. The current increase can be used to profit realization. The trend of current exchange rate movements is decreasing, so from this point on, it has begun correcting it. The back-correction level is the 1,4775 usd level environment. Next we expect a new decaying wave structure with a target price of 0.5340 levels.
EARS may rise...In the exchange rate a rare fractal structure can be seen. These can be characterized by the doubling of the amplitude. This is also shown in the figure. The center fractal is twice the size of the original fractal wave structure. If the theory is correct and a third fractal is formed, its target price may be 0.8000 usd.
