NNOX Should I Buy

Not a good buy right now for an impatient investor. The stock is sitting just above near-term support (~2.79) with only tentative technical stabilization, while fundamentals remain weak (negative gross margin and ongoing losses) and there is no clear company-specific catalyst in the provided news. Options positioning is very bullish, but the extremely elevated implied volatility suggests sentiment is speculative rather than confirming a durable upside trend. I would wait for a clearer break back above the 3.03 pivot (or a confirmed bounce off 2.79 with improving momentum) before calling it a buy.

Pre-market ~2.81 (-0.35%) with the S&P 500 also weak (-0.6%), which can pressure small-cap/speculative names. Trend/Momentum: - MACD histogram is slightly positive (0.00845) but “positively contracting,” implying upside momentum is fading rather than accelerating. - RSI(6) ~35.6: leaning toward oversold/weak, but not flashing a strong reversal signal. - Moving averages are converging: this often indicates consolidation/base-building, but it’s not a confirmed uptrend. Levels: - Immediate support: S1 ~2.792 (price is hovering right on top of it). Next support S2 ~2.645. - Key pivot/inflection: ~3.031. The stock is below this, so the near-term bias remains cautious. - Upside resistance: R1 ~3.27, then R2 ~3.417. Practical read: This looks like a fragile consolidation near support. A clean reclaim of ~3.03 would improve the setup; a break below ~2.79 raises risk of a drop toward ~2.65.