THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BIOL doesn't face a lot of resistance. If BIOL breaks 2.00 it should go to 4.00. If it breaks 4.00 it has the potential to go to 9.00. At 9.00 I will be completely out of the trade.
FUNDAMENTALLY
Company Profile
4 Cromwell
Irvine, CA 92618
United States
949 361 1200
www.biolase.comSector(s): Healthcare
Industry: Medical Devices
Full Time Employees: 157
"BIOLASE, Inc., together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures, such as cosmetic, restorative, and complex surgical applications. The company offers Waterlase all-tissue dental laser systems for cutting soft and hard tissues; diode laser systems to perform soft tissue, hygiene, cosmetic procedures, and teeth whitening, as well as to provide temporary pain relief; and Epic Hygiene laser to manage non-surgical periodontitis and enhance clinical production. It also manufactures and sells consumable products and accessories for its laser systems, as well as markets flexible fibers and hand pieces, and teeth whitening gel kits. The company sells its products through its field sales force and distributor network. The company was formerly known as BIOLASE Technology, Inc. and changed its name to BIOLASE, Inc. in 2012. BIOLASE, Inc. was founded in 1984 and is headquartered in Irvine, California."
( DESCRIPTION FROM YAHOO FINANCE --> finance.yahoo.com/quote/BIOL?p=BIOL )
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BIOL doesn't face a lot of resistance. If BIOL breaks 2.00 it should go to 4.00. If it breaks 4.00 it has the potential to go to 9.00. At 9.00 I will be completely out of the trade.
FUNDAMENTALLY
Company Profile
4 Cromwell
Irvine, CA 92618
United States
949 361 1200
www.biolase.comSector(s): Healthcare
Industry: Medical Devices
Full Time Employees: 157
"BIOLASE, Inc., together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures, such as cosmetic, restorative, and complex surgical applications. The company offers Waterlase all-tissue dental laser systems for cutting soft and hard tissues; diode laser systems to perform soft tissue, hygiene, cosmetic procedures, and teeth whitening, as well as to provide temporary pain relief; and Epic Hygiene laser to manage non-surgical periodontitis and enhance clinical production. It also manufactures and sells consumable products and accessories for its laser systems, as well as markets flexible fibers and hand pieces, and teeth whitening gel kits. The company sells its products through its field sales force and distributor network. The company was formerly known as BIOLASE Technology, Inc. and changed its name to BIOLASE, Inc. in 2012. BIOLASE, Inc. was founded in 1984 and is headquartered in Irvine, California."
( DESCRIPTION FROM YAHOO FINANCE --> finance.yahoo.com/quote/BIOL?p=BIOL )