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Nabriva Therapeutics NBRV same pattern as Russell 2000 Index

NASDAQ:NBRV

Hello friends ! We are on thin ice ! $1.75 seems to be the last suport down to $1.20

In this chart you can see with yellow line The Russell 2000 Index, wich is a small-cap stock market index. " The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "small-cap", while the S&P 500 index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of the small-cap to mid-cap company shares. " - Wikipedia
The more time price touch a key level, the more likely it is that it will eventually break it ! Key level for The Russell 2000 Index is $1450 RUT

As you can see the tow chart are going hand and hand. So keep an eye on this chart to.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Chart PatternsTrend Analysis

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