MikeKonner

MYGN Earnings Oversold Play

Long
NASDAQ:MYGN   Myriad Genetics, Inc.
MYGN took a beating after it's guidance underwhelm last quarter.
I do believe that the reaction was overdone.

MYGN has healthy revenue streams and growing drug and generics demand.

TA confirms a re-entering into trading range of:
PT 1: $25.00 for a ~20%+ return.
PT 2: $30.00 for a 50% return.
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