IvanLabrie
Long

$OSUR: Strong base after a 49% decline...

NASDAQ:OSUR   ORASURE TECHNOLOGIES INC
I think this is once again an interesting name to buy back here...I recall @timwest pointing it out in early 2016, near the very bottom before a huge rally. We were bullish on it at the right time, and I think it's the right time once again.
Fundamentals for the stock are a bit convoluted, with self diagnostic kits segment being highly competitive, and sales slumping, but the chart shows renewed interest in the stock from big buyers, given the accumulation base after a strong climb a month ago.

I would assume some interesting news is about to come out, that might be the catalyst to push it up from this base...
I'll be a buyer on signs of strength, if it breaks up from here soon.
Keeping an eye on it.

Cheers,

Ivan Labrie.
Oct 19
Comment: So far so good, looks like we have caught the start of a move. Now it's a question of gauging follow through, when approaching resistance at 9.16.
Oct 23
Comment:
$OSUR trending still, the 3 day low was supported by strong buyers, trend is up.
I'd be careful ahead of earnings by 6th Nov.
Nov 03
Trade closed manually: I took profits near the high on Friday, looking to rebuy after earnings maybe.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out