PRCT's Aquablation Therapy Demonstrates Robust Growth Impressive Q2 Results: Aquablation Therapy Drives Strong Revenue: A Closer Look at Q2 FY'23 Performance PRCT's aquablation therapy has displayed a remarkable growth trajectory, reflected in the impressive Q2 FY'23 revenues of $57.5 million. This substantial figure underscores the therapy's effectiveness and...
It is probably not tue strongest setup however i am adding it to my watchlist. The good thing is that 200SMA is has turned around and is trending up now, though the VCP itself is a but too deep for my liking. Lets see how it develops.
Earnings in the way of many nice and tight setups. reports in 2 days. There is defiantly a big seller with these wide range high volume bars. I am not convinced they selling has dried up yet but strong earning could do the trick.
Notes: * Steady up trend in a bear market * Nice earnings for the past to quarters * Recent IPO * Looking to break above its IPO base * Printed a pocket pivot, indicating institutional buying * Offering an early entry relative to its 50 day line * Sitting just above a pivotal level of 43.9 and holding it as support for the past several sessions * IPO base...
Biotech Power Play (164% increase since Jan low). Consolidated making a nice VCP with a constructive shakeout below the 50 day giving tennis ball action immediately with very nice up volume vs down volume. Avg Cost: 42.10 Stop: 38.55 Risk: 8.43% $ Risk: 675 usd--> 8K position size, .55% portfolio weight. Wanted to buy full "Positioning Size"-->1k risk, but stock...
Another potentially low-risk, high reward play. As this is not financial advice, paper traders would take this on the break of about $41.50 and look for it to rechallenge the $45 area. There is the potential for a re-test ofsupport. That would leave this in "wait and see" territory. The trade idea is broken if the stock slips below $31.
That shakeout couple weeks ago on $PRCT was pretty much text book. If this can tighten up this week for couple days, it will shape up very nicely (orange bars).
$PRCT IPO base box setup Interesting medical equipment IPO. Triple digit revenue growth in the last 3 quarters. Price holding up well and setting up a boxed setup with a quick shakeout below support for couple sessions
IPO intraday trading strategy idea The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $38,23; stop-loss — $32,39; take-profit — $55,75,/MOC price. Do not view this idea as a...