zAngus

1066:HKEX - WEIGAO GROUP - Single-use medical devices

Long
zAngus Updated   
HKEX:1066   SHANDONG WEIGAO GROUP MEDICAL
Previously strong stock looks like it might be recovering. I have an alert at 17 to let me know if it continues its upwards trend. I like the idea especially under Covid that they specialise in single-use medical devices through the production and sale of single use consumables such as infusion sets, syringes, blood transfusion sets, and blood bags. Pretty good value area looking at the RSI and like that its rising. Worth a watch.
Comment:
It didn't get to $17 so no order taken. Has moved back down to support so might bounce again. Have set a new alert at $15.50 to have another look if it bounces again.


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