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New High Of Day: Nasdaq Low Float Profile (NMTC) Keeps Pushing Vertical, Demands Immediate Attention

August 8th

Greetings Readers,

NMTC keeps chugging along this morning.

Hitting a new high of day of $1.84, keeps inching towards the $2.00 level this morning.

Could we see a push to that level ahead of this week's Q3 financials announcement?

Remember, NMTC is trading above 3 key lines of potential support in its 50-Day Simple Moving Average, 200-Day Simple Moving Average, and its 13-Day Exponential Moving Average.

If those lines continue to strengthen with potential support, they could act as building blocks for NMTC to return to previous highs.

And with that news coming this week, now may be the best time to have NMTC at the top of your watch-list.

Read my initial NMTC report below now and get this Nasdaq profile pulled up quickly.

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Time is ticking so let's not waste a second...

AVCO was brought to your attention after it closed Wednesday's session at $.645.

When Thursday's session came around, it went on an absolute tear running to a 4+ month high of $.8050.

With that run, AVCO became my latest short term stud running approximately 24% in the blink of an eye.

AVCO has now become one of my recent Nasdaq alert breakout champs over the past few months.

In fact, I'm not sure if we've missed recently as we've seen runaway Nasdaq Market rockers accounting for moves of:

24%,

53%,

33%,

and 18% in the intraday or short term.

Take a deep breath. Here's where things get interesting.

Seeing how hot that healthcare profile came out, I decided to stick to the same industry as AVCO for this new breakout idea.

Seeing how hot that healthcare profile came out, I decided to stick to the same industry for this new breakout idea.

Let me ask, what do you know about the future $13.6Bn neurostimulation devices market?

If it's not much, don't worry. All you need to soak in is the sheer size of this potential market by 2027 and let me fill in the details.

I've uncovered a company that is forwarding their game-changing tech to become an industry disruptor, but for now has flown well under Wall Street's radar.

With bullish technical indicators, an explosive chart history, huge August news, and a low float, it may be no better time than now to get this Nasdaq profile on your screen as it recently pushed above now key support lines including its:

• 50-Day Simple Moving Average (SMA)
• 13-Day Exponential Moving Average (EMA)

And if potential resistance breaks down at the 200-Day SMA level, which this profile has been battling mightily, all bets could be off on the vertical chart march this breakout idea could make.

Ready for the goods? Here it is:

*NeuroOne Medical Technologies Corporation (NMTC)*

NeuroOne Medical Technologies Corporation is a developmental stage company committed to providing minimally invasive and hi-definition solutions for EEG recording, brain stimulation and ablation solutions for patients suffering from epilepsy, Parkinson's disease, dystonia, essential tremors, chronic pain due to failed back surgeries, and other related neurological disorders that may improve patient outcomes and reduce procedural costs.

And right now, NMTC has 5 potential driver indicators to immerse yourself in:

No. 1 - Low Float Volatility Could Grab Hold

No. 2 - Accelerated Milestone Payment Accomplishes Multiple Objectives (Huge News)

No. 3 - Triggered Technicals Could Signal A Near Term Vertical Chart Move

No. 4 - Another Game-Changing Milestone With First Evo sEEG Electrode Clinical Case

No. 5 - A Chart History Of Explosive Short Term Runs

But more on those in a second...

Evo® Cortical Electrode

Cortical or subdural electrodes are used in electrocorticography (ECoG) or intracranial electroencephalography (iEEG) surgeries to monitor, record and stimulate the surface of the brain for up to 30 days. The company's Evo cortical electrode portfolio consists of various contact configurations of strip and grid electrodes. (Rx only)

The Evo Advantage (2)

Decreased Immunological Response - The Evo Electrode is over 7 times thinner than a silicone electrode. The flexibility and reduced volume should reduce pain and edema.

The Evo’s polyimide substrate has properties like increased flexibility, reduced volume, and decreased immunological response, which should reduce signal artifacts.

Single Tail Design - The single thin tail design allows the implanted electrode tail to be tunneled through one incision which should reduce infection risk and procedure time.

Reduced Cable Management - A disposable cable assembly is sent with each Evo Electrode as an electrode kit, removing the need to source the correct cables for each electrode being used in surgery. Also, hospital resources are freed from the management of sterilizing and storing individual electrode cable assemblies.

How NeuroOne's Thin Film Electrode Technology is Different

In comparison to currently available technologies, our electrodes are manufactured with polyimide thin film. Our electrodes are designed to reduce trauma to the brain by allowing a less invasive implant due to the flexibility, thinness and reduced weight of the electrode.

Furthermore, the potential to significantly increase the resolution of brain recordings may enable the usage of powerful computing techniques, such as machine learning and artificial intelligence.

Caution: US Federal law restricts this device to sell by or on the order of a physician

Two FDA-Cleared Devices and Counting (3)

Are you beginning to understand that NeuroOne is not just “another” MedTech company? In fact, their Evo Cortical and sEEG Electrodes are both FDA approved!

What they are doing right now has incredible implications for the future of the medical industry.

So much so that the technologies below could be commonplace and in wide use across the globe.

Read more from the company website here.

And as I mentioned previously, NMTC has 5 must-see potential driver indicators right now:

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No. 1 NMTC Potential Driver Indicator - Low Float Volatility Could Grab Hold

Volatility could be the name of the game for this one.

According to Ya-hoo Fi-nance, NMTC only has just above 12Mn shares in its float.

With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term.

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No. 2 NMTC Potential Driver Indicator - Accelerated Milestone Payment Accomplishes Multiple Objectives (Huge News)

NeuroOne® Announces $3.5Mn Accelerated Milestone Payment from Zimmer Biomet for Evo® sEEG Electrode

Amendment provides Zimmer Biomet with 350k warrants with exercise price of $3.00 per share

EDEN PRAIRIE, Minn., Aug. 3, 2022 /PRNewswire/ -- NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) ("NeuroOne" or the "Company"), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced that the Company entered into an amendment to its Exclusive Development and Distribution Agreement with Zimmer Biomet, Inc. ("Zimmer") that will provide the Company with a $3.5Mn accelerated payment within 10 business days which relates to certain milestone payments. In addition, Zimmer Biomet will receive a Warrant to purchase 350k shares of the Company's common st-ock, with an exercise price of $3.00 per share.

Dave Rosa, Chief Executive Officer of NeuroOne, states, "I want to thank Zimmer for all their support to date and their confidence in our business, technology and future endeavors. This agreement accomplishes multiple objectives for NeuroOne, most importantly by providing additional capital to our balance sheet in the short-term without the need for a highly dilutive financing, and further reinforcing our ongoing partnership with Zimmer."

...

Read the full article here.

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No. 3 NMTC Potential Driver Indicator - Triggered Technicals Could Signal A Near Term Vertical Chart Move

I'm telling you right now... Don't discount NMTC's technical indicator.

Right now, NMTC has several bullish technical indicators across the short, medium, and long term.

Barchart is reporting these technical indicators as triggered (at close Friday):

Short Term Indicators

• 20 Day Moving Average
• 20 - 50 Day MACD Oscillator
• 20 - 100 Day MACD Oscillator

Medium Term Indicators

• 50 Day Moving Average

Long Term Indicators

• 100 Day Moving Average
• 150 Day Moving Average
• 200 Day Moving Average

On top of that, Barchart is signaling that its composite "TrendSpotter" indicator is triggered too.

Could this be a signal that things are starting to heat up?

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No. 4 NMTC Potential Driver Indicator - Another Game-Changing Milestone With First Evo sEEG Electrode Clinical Case

NeuroOne® Announces First Clinical Case Using Evo® sEEG Electrode

Case performed at Emory University for intraoperative brain mapping

EDEN PRAIRIE, Minn., July 12, 2022 /PRNewswire/ -- NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) ("NeuroOne" or the "Company"), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced the first clinical case using the Evo sEEG electrode was performed by Dr. Robert Gross at Emory University. Dr. Gross selected the Evo sEEG electrode for intraoperative brain mapping at the subsurface level of the brain.

Dave Rosa, Chief Executive Officer of NeuroOne, states, "This first clinical case use represents a major milestone achievement of one of our primary objectives for the Company. We are grateful to Dr. Gross and his staff and were excited to hear of the positive experience he had using the electrode. We look forward to continuing to gain clinical experience with the electrode as we prepare to submit a special 510(k) to FDA in August for clearance to commercialize the product for less than 30 days use."

...

Read the full article here.

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No. 5 NMTC Potential Driver Indicator - A Chart History Of Explosive Short Term Runs

Over the past year, NMTC has displayed the ability to make strong intraday/short term moves on multiple occasions.

Just take a look at its chart yourself:

Here's a few examples to soak in:

#1. From a low of $3.2581 on 9/1/21, NMTC surged to a high of $6.80 on 9/7/21 for a huge breakout of 108%.

#2. From a $1.70 low on 1/31/22, NMTC once again went running to a high of $3.18 on 2/11/22 for a move of 87%.

#3. More recently, NMTC leaped from a low of $1.1703 on 8/2/22 to a high of $1.95 on 8/3/22 for a blast of 66%.

Like I said, explosive.

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NMTC Recap: 5 Potential Breakout Catalysts To Know Immediately

No. 1 - Low Float Volatility Could Grab Hold

No. 2 - Accelerated Milestone Payment Accomplishes Multiple Objectives (Huge News)

No. 3 - Triggered Technicals Could Signal A Near Term Vertical Chart Move

No. 4 - Another Game-Changing Milestone With First Evo sEEG Electrode Clinical Case

No. 5 - A Chart History Of Explosive Short Term Runs

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Coverage is officially initiated on NMTC. When time permits, do this:

Get NMTC on your radar now.

Sincerely,

Kai Parker

StockWireNews

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(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)