I've been watching this name for awhile now. I think it has been held back by a bad market and since it's a medical devise company, COVID & elective surgeries may have played a roll. I'm doing an early entry here with a very tight stop. I like how it has moved above the 30 Week MA and both the 10 Week, 30 Week and 65 Day MA's are all pointing up. I was triggered in on a 5 min chart. As I said, very early entry and presents a higher risk as it's still basing. Maybe one for your watch list. Ideas, not investing / trading advice.
From earningswhispers.com
Nov 4 2021
Irhythm Technologies (IRTC) reported a 3rd Quarter September 2021 loss of $0.81 per share on revenue of $85.4 million. The consensus estimate was a loss of $1.09 per share on revenue of $83.6 million. Revenue grew 18.7% on a year-over-year basis.
What they offer:
Single-use
Cardiac Monitoring
The Zio service is a complete ambulatory cardiac monitoring solution built with the patient in mind — and reinforced with clinical evidence.
From earningswhispers.com
Nov 4 2021
Irhythm Technologies (IRTC) reported a 3rd Quarter September 2021 loss of $0.81 per share on revenue of $85.4 million. The consensus estimate was a loss of $1.09 per share on revenue of $83.6 million. Revenue grew 18.7% on a year-over-year basis.
What they offer:
Single-use
Cardiac Monitoring
The Zio service is a complete ambulatory cardiac monitoring solution built with the patient in mind — and reinforced with clinical evidence.
Trade closed: stop reached:
Well, that didn't work as planned. Closed at 99.50 as it simply dropped below my stop. Back on the watch list.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.