wait for a minor retracement back to resistance and enter long
This trade has reached its low target level I previously charted a while back, and the 50% fibonacci level all at once. This may not be the last stop on the way down, as it reached it very fast with some high volume. However, this area was a major point of resistance upwards previously, we should see resistance turned support. Expect a battle at this level of $42,...
Mazor Robotics reporting solid numbers, looking to announce on 5/9 for last quarter. IGNORING all of that, the chart shows a bearish divergence forming, with two major uptrends. First uptrend since 2016, and second uptrend in place as of 3/21/2017. Price has risen RAPIDLY on second uptrend, while also appearing quite volatile. Checking RSI, we see slight...
With brand recognition and consistent sales in place, Mazor has stated that 2018 will be a transition year for them, not growth. Therefore, expect the company to aim for stability as it continues to spread its products. Per the last call: "2018 is expected to be a year of transition and our performance is expected to be driven primarily by increased revenues from...
With Intuitive, Stryker all up at all time highs i'm hunting for medical robotics companies to acquire. Smith & Nephew looking for a move below 29 to get long seekingalpha.com