(24/7 MARKET NEWS) – Myomo, Inc. (ASE: MYO) announced, after yesterday’s market close, that the National Disability Insurance Scheme in Australia approved, for the first time, a MyoPro for a patient with a paralyzed arm. The NDIS aids over 500,000 Australians with disabilities through reimbursement for necessary services and support.
Myomo is at $0.61, up $0.0902 (+17.35%), on 2.7 million premarket shares.
Its 52-week trading range is $0.369 to 8.075. If can break through the $0.72 resistance level, on strong volume, it could try to challenge the $1 trading level.
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