DRIO Discussion 08/28/2014 23:26:37 $DRIO techno
Post# of 64087
techno this is taking off and we saw spurts today of about what's about to take flight here! Good time to be in DRIO
Needs to break out this channel ~ once .09's print the party starts IMO. Don't think that will happen until next week IMO. Good time to load
DRIO Stock Message Board http://investorshangout.com/LabStyle-Innovati...RIO-87707/
Lmao!
I think DRIO will continue to bounce, however I have a strict policy that mandates that if mike rotondo opens a position in one of the stocks I'm in, I immediately close out my position in that stock, no exceptions
Haha everyone was like it's not a reversal... $DRIO DEFINITION OF A REVERSAL STOCK CHARTS 101 weeeeeeeeeeeee Summertime party with TEAM TECHNO AND FRIEND!!!
DRIO pincher play looks sweeeeet!
$DRIO DAILY ANNOTATED CHART: Double Bottom Dejavu w/ Bullish One White Soldier x2
Dilution is over... If folks start buying the ask and stop selling the bid it'll run hard. Keep low balling it and keep undercutting the ask to flip shares and it won't (not saying you are... But beware those screaming to buy dips but don't flip)
This is an amazing post. Well done. DRIO...this is going to make some a lot of $$$...BOOOM.
OMG! $DRIO about to be a QUADRUPLE catalyst play!!!???
A STORM is BREWING folks! Get your surfboards out and waxed up, we're about to ride a freaking TSUNAMI wave LOL!
DRIO may be setting up PERFECTLY as a FOUR in ONE play like a PERFECT STORM!
This EPIC storm consists of FOUR plays CONVERGING into ONE storm of the CENTURY!
This storm will have the potential to bring in MILLION$ of DOLLAR$ in stock volume and liquidity!
$DRIO QUADRUPLE Catalyst Play:
1) A STARTER Healthcare/Medical/Tech play!
2) A WAY OVERSOLD UNDERVALUED BOTTOM play!
3) An ascending triangle pattern BREAKOUT play!
4) A potential NEWS play for *FDA* clearance, patent approval & smartphone app release!
1) DRIO is a starter healthcare/medical/tech company that is JUST launching its state-of-the-art diabetes smartphone meter into the following market:
"As reported by the American Diabetes Association, almost 26 MILLION people suffer from diabetes, and that’s just in the United States ALONE. Worldwide the figured is estimated to be as high as 347 MILLION. It is estimated that approximately 80 MILLION people in the U.S. have prediabetes. The World Health Organization (WHO) has labeled the situation an epidemic. It’s a problem that ISN'T going away anytime soon."
2) DRIO is a WAY oversold, undervalued, bottom play that JUST hit its 52 Week Low THIS week on Monday the 25th. It's 52 Week High was $3.00 on September 24, 2013, that's 3,650% from $.08! They did planned "dilution" of increasing the Outstanding Shares (O/S) to raise money for the launch of the product. Money has been raised and the "dilution" is complete/over/ended as per the company's word.
This one HERE is like a freaking TSUNAMI wave! The water being sucked back into the ocean off of the beaches, building up an EPIC impending wave. The "dilution" sucked the price WAY down and out to sea, and now the ripple force has bounced back building up into a MASSIVE wave of impending momentum.
3) DRIO has formed and continues to trade within a PERFECT ascending triangle pattern on the 15-minute chart time frame that is POISED to BREAKOUT! This chart pattern is WIDELY known and SOUGHT after in trading for PLANNED buying of HUGE breakouts. This is a technical play that most often brings in HUGE trading volume and liquidity upon the confirmed breakout. You have to find the secret time frame the Market Makers are using for the chart patterns and the 15-minute chart is the secret time frame for DRIO.
4) DRIO is currently WAITING for FDA clearance, patent approval & smartphone app release! And with the United Kingdom not only allowing first shipments of this product but showing promising market demand, and with APPROVAL from Israel's Ministry of Health to sell the product for diabetes in Israel, the PENDING news for the US side should be GOOD and IMMINENT!
I think Market Markers are FULLY controlling DRIO and are MAKING this technical setup come to be and persist, like puppet masters. Once they let the chart pattern fully form and play out, and then move off from the Ask on the Level 2, this stock may blow SKY freaking HIGH!
I guarantee this entire play and setup was known and "manufactured/fabricated" from the beginning by these Market Markers. They've had a known, set, plan from BEFORE the big DROP OFF. As you can see, the plan has been synced perfectly together to create a PERFECT STORM!
Should be, yes. It might bounce around but we're all aiming for much higher
your in very good shape my friend
+>>>DRIO: Annotated Chart - Ascending Triangle<<<+
-15 Minute Chart
-Ascending Triangle Pattern Forming [Bullish]
- 1st Support level to watch is the hypotenuse of the ascending triangle. If that breaks to the downside watch...
-Key Support at .065
Resistances to clear moving up
-1st Level Resistance: .085
-2nd Level Resistance: .091
-14 Day RSI at 20%: .1065
That's just where u might want to start taking some profits!!!
DRIO Added shares here today. This one going to move big!
I bought in today at .075. Should I be in good shape? Things sound promising moving forward.
A quick read on DRIO
LabStyles Innovations Corp. (OTCQB: DRIO) FULL REPORT
LabStyle filed a Premarket Notification Application, also known as a 510(k), with the US Food and Drug Administration (FDA) for the Dario(TM) smart meter (Dario(TM) Blood Glucose Monitoring System) in December 2013. LabStyle is pursuing patent applications in multiple areas covering the specific processes related to blood glucose level measurement as well as more general methods of rapid tests of body fluids using mobile devices and cloud-based services.
The initial launch of the Dario(TM) smart meter has been underway since late March 2014. The initial launch feedback includes the following:
– Dario(TM) has been well received with excellent feedback from users. This has resulted in over 20,000 thousand of Dario app downloads in the six month period.
– Built a strong supportive community of people with diabetes using Dario(TM) for their diabetes management needs, primarily in the United Kingdom.
– Surpassed the accepted industry average pickup rate for new users. The current pick up rate of over 68% of these users is due to their very positive experience with Dario(TM).
– Number of Dario(TM) smart meter users has passed 2,000 and is growing.
– Received reimbursement status in England, Wales, Scotland and Northern Ireland for strips and lancets to be utilized together with the Dario(TM) smart meter (effective September 1, 2014).
– Received national and regional insurance reimbursement approval for the Dario(TM) Personalized Smart Meter in Italy. LabStyle is actively seeking reimbursement in other strategic territories.
– Received approval from Israel’s Ministry of Health to sell the Dario(TM) smart meter for diabetes in Israel.
– Released the Dario(TM) Diabetes Management App for Android smartphone users. The mobile application has the same user interface and features as the iOS Dario(TM) Application and is currently available for download in select soft launch markets. The Android supported Dario smart meter will be released in early September.
– Received a Notice of Allowance from the U.S. Patent and Trademark Office for core patent claims covering the Dario(TM) personalized smart meter, which works in tandem with the novel and powerful Dario(TM) software application to form the overall Dario(TM) Diabetes Management Solution.
– Working with FDA towards potential clearance of the Dario(TM) smart meter in the U.S. following a 510K filing made in late December 2013.
– Partnered with FatSecret, a leading global nutrition data source, to integrate such data into the Dario(TM) Diabetes Management Solution.
– Raised $3.8 million in net proceeds from private placement which had its closing on February 2014.
I LIKE THE PART ABOUT REIMBURSEMENT STATUS EFFECTIVE SEPTEMBER 1st 2014!!
Sumo
I don't think many have realized how big this can get. Holding for more than .20 or .30.
GL all.
Sell off??? No way it only up a little bit and just getting started! Targets are .20-.30