002901:SZSE - DOUBLE MEDICAL TECH - 300% gain over 12 months

Traded on the Shenzhen exchange, Double Medical Technology engages in the development, manufacture and sale of orthopedic devices, wound management, neurosurgery, and general surgery products. Might be overpriced at the moment so I have set an alert for when the RSI drops back below 70 to see if I can buy at better value. Certainly having a great run to date and could be worth a watch.

Double Medical′s orthopaedic implants are a leader in the domestic market in China. Dedicated to rehabilitation, Double Medical focus on providing high-quality, affordable products, quick logistics and constant doctors' support. The products are CE 0120 certified, approved by FDA 510(K) and Australian TGA. Double Medical has branches in over 30 provinces and cities and is cooperating with more than 3,500 hospitals and nearly 1,000 business enterprises in China; its products have been exported to more than 50 countries and regions that include EU, Russia, South America, Australia, Southeast Asia, Middle East and South Africa.

Source: en.double-medical.com/about.aspx

Comment:

Nice pullback. I have an alert set at $110 now for a possible entry.

Comment:

Wrong chart above. Alert set for possible entry at $110