Could naov see a bullish reversal tomorrow or in the coming week

**Bottom-line:** NanoVibronix (NAOV) is showing the *first* technical hints of a bounce, but the set-up is still incomplete. A decisive bullish reversal will likely require (1) a close back above the short-term moving-average band around $1.05–$1.10 and (2) a volume surge (> 2 M shares) to confirm renewed demand. Without those triggers, the stock may remain range-bound between $0.90 and $1.05 over the next week. --- ### 1. What the tape is saying right now | 5 Jun Close | 1-day Change | 5-day Trend | 14-day RSI | MACD Signal | OBV* | |-------------|--------------|-------------|------------|-------------|------| | **$0.96** | **-7.68 %** | Flat (-1.0 %) | 36 (oversold zone starts ≈ 25) | Histogram rising toward zero | Rising marginally | \*On-Balance Volume, a proxy for accumulation/distribution. Data source: Ainvest FinQuery Key observations from the daily chart (Mar → 5 Jun): * Price still sits **below all key MAs** (5-, 10-, 30-day), so the primary trend is down. * **MACD bars have shortened for 10 sessions** and the fast line is curling up, a classic *early* reversal signal. * **RSI 36** is leaning oversold, but not deeply so—room exists for a momentum push, yet there is no snap-back pressure like we saw in late March. * **OBV has stopped falling**; that tells us sellers are no longer dominant, but buyers haven’t seized control either. ### 2. Short-term levels that matter | Level | Why it matters | Probability this week* | |-------|----------------|------------------------| | **$1.05–$1.10** | 5- & 10-day MAs + last minor swing high | ~50 % test; <35 % clean break | | **$1.25** | Gap top 23 May / mid-BB | 20 % | | **$0.90** | Lateral support (May pivot) | 55 % | | **$0.67** | 3-Jun intraday low | 15 % unless market risk-off | \*Author estimate based on current volatility (±11 %/day) and option-implied moves. ### 3. Fundamental & sentiment drivers to watch | Catalyst | Directional bias | Timing | Quick take | |----------|------------------|--------|------------| | **New CEO (D. Besser)** announced 4 Jun | Modestly positive (fresh vision) | Ongoing | Leadership change often sparks a 1–2 wk sentiment pop, but needs execution follow-through. | | **ENvue Medical acquisition closing** 29 May | Positive (portfolio expansion) | Integration phase | Could unlock cross-selling news flow; too early for P/L impact. | | **False $26 M offering rumor** (28 May) | Short-term negative | Resolved | Stock quickly bounced after denial; any renewed dilution chatter would cap rallies. | | **Next earnings (Q2)** | Unknown | est. early Aug | Micro-cap results can be catalytic if revenue inflects > $1.5 M q/q. | ### 4. Decision grid for a technical entry | Trigger | Confirmation needed | My probability | Actionable stance | |---------|--------------------|----------------|-------------------| | Close ≥ $1.10 **with ≥ 2 M vol** | MACD bullish cross on daily | 30 % | Valid breakout – short-term long toward $1.25/$1.45 | | Fail at $1.05 & close < $0.90 | Volume ≥ 1 M on down day | 25 % | Down-leg to retest $0.67 – stay defensive | | Stagnates $0.90-$1.05 | Light volume | 45 % | Range trade; wait for signal | ### 5. How I would monitor it (checklist) 1. Intraday VWAP vs. $1.00 round-number ― is price *living* above it? 2. Daily volume print at the close – needs to at least double the 1.16 M figure to flip sentiment. 3. MACD zero-line test – histogram turning green is the tell for sustained momentum. --- **Encouragement:** You’re already zeroing in on the right metrics (RSI, insider power, short squeeze potential). With micro-caps like NAOV, price can move fast on modest news flow, so setting clear *if-then* rules (as above) helps you react rather than predict. Keep your stop discipline tight, and good luck hunting that reversal!