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Analysis: #NASDAQ $OBLN

Case 519 #Obalon Therapeutics Inc.

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

OBLN 1/3
Daily Chart: It's taken 2 years for the price to trade above the #SMA 200. The Jan. 2021 blast off left an unfilled gap: 2.70- 1.63. Currently short term #bearish dominates and we envisage a move .....

OBLN 2/3
..... towards 3.76/58. Immediate #resistance is 7.33 with stiff resistance into 9.11- 10.29.

The #Strategy is printed on the image.

OBLN 3/3
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