AlexNes
Long

RADIUS is ready for an upward rally after being beaten down

NASDAQ:RDUS   RADIUS HEALTH INC
RADIUS is one of my most promising stock at the moment.

-From a micro-technical point of view, we see signs of trend reversal.
Two morning stars and two head & shoulders patterns (switch time frames) recently.

-From a macro-technical and fundamental perspective, there are several reasons that augment the reversal probability:
RADIUS was beaten down (too much).
It is lower than months and even years ago while, at the same time, having stronger fundamentals.
Radius is still in the innovation race as it entered in the Phase III of a new osteoporosis treatment (and IMO it is pretty incredible that the stock didn't move the day it was announced!)
Source: https://www.globenewswire.com/news-relea...

-From an even more macro perspective, the stock should be fueled by investors that bet on stocks that provide products that will be more demanded by an ageing population (osteoporosis).

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out