AleksandrLombrozo
Long

MiMedx Group (MDXG) bottoms at the crucial level

NASDAQ:MDXG   MIMEDX GROUP INC
Being below its below its 5, 20 & 50 day exponential moving averages and located in the middle of the declining channel the share price of MDXG             is considered strongly bearish , though we would expect slight buying pressure. It might be attributed to a valid support level which the stock used to touch several times in 2015 and 2016 but failed to violate.
Fundamentally analysts estimate an earnings increase this quarter of 40% which should trigger an upward shoot.
We would project the price go up to the upper boundary of the channel as our first target.

For more ideas visit mercuriusam.wordpress.com
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out