The American CERVOMED shares witnessed a sharp wave of rise in its last sessions, as it rose by 161.44% to reach 6.17 dollars at the closure, after he touched the level of $ 6.84 during trading, while the lowest price in the session was 2.37 dollars, and this remarkable increase came amid strong trading volumes of 158.89 million dollars, which indicates the entry of large liquidity on the stock and exceptional moves that require Analysis.
An exceptional performance of trading
Cervomed opened trading at $ 6.17, and witnessed rapid heights that paid it to the highest level at 6.84 dollars, before cutting his gains and closing at $ 6.17.
Looking at the lowest point reached by the stock during the session, which reached $ 2.37, it is clear that there is a huge purchasing wave that raised the stock by more than 161% in one day, which is an unusual percentage even in the active markets.
The secret of ascending the arrow
– A noticeable increase in trading volume: the trading volume reached 158.89 million dollars, which reflects an increasing interest in the stock, whether by individual investors or institutions.
– The possibility of fundamental news: sharp altitudes are usually associated with fundamental developments such as positive financial results, developments in the pharmaceutical sector, or possible acquisition news.
A strong speculation movement: The arrow can have entered into the circle of active traders who target low -price shares with high fluctuations.
Does the bullish momentum continue?
The arrow is now facing challenges related to the ability to maintain gains after this strong rise, as some profit processes may witness in the upcoming sessions, as levels of 6.50 – 6.84 dollars represent a resistance area, while any drop below $ 5.50 may indicate a partial decline after the sharp rise.
