meitshel

OM - long idea - block buys

Long
meitshel Updated   
NASDAQ:OM   Outset Medical, Inc.
Outset Medical Inc is a medical technology company. It has developed a machine, Tablo, which reduces the cost and complexity of dialysis. Tablo provides Renal Replacement Therapy in Hospitals, Chronic Care in Dialysis Clinics and Home Dialysis.

This is not a financial advice!

Lots of block buys recently - as it seems someone knows something

Shs Float 46.65M
Short Float 17.26%

Rel. Vol. on 03/07/2024 7.88

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Keep an eye on 4.4 / 6.3 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 2.6

TPs approx. 10.0

Most info on the chart.

Trade carefully!
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.