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Analysis: #NYSE $CRMD

Case 358 #CorMedix Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CRMD 1/4
Chart 1
Monthly Chart: An important break below 5 year #trendline support, April 2017, now turned #resistance as price is unable to close back above - currently sloping at 12.10. Further up .....

CRMD 2/4
..... #pivot resistance at 16.50 then the #confluence of #Fib. 0.618 and pivot at 20.31/90 respectively.

CRMD 3/4
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