NASDAQ:SRTS Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Another stock heavily punished for missing expectations. Over reaction? Will have to wait and see.
Interesting test of March highs while DMI is signaling a potential bullish pressure is yet to be ended, we expect here some volatility due to profit takings of shorter term traders, however until the middle of the range is below prices we could wait for a weekly close above the resistance in order to trigger our longs over a bullish breakout momentum strategy.
The stock price of Sensus Healthcare (SRTS) is currently relative low compaired to the average price of 14,30 per share. Within a couple of weeks I predict a profit of max. 48% with a potential risk of 7% of the stock price. Let's see within a couple of weeks!
SRTS: Sensus Healthcare, Inc. 2022-03-09 08:00:00 Sensus Healthcare Announces Share Repurchase Program
$SRTS cleared a one year base cleanly with a high tight flag consolidation right now. breakout level at $8.55 will be 52 weeks high. YoY Q3 EPS + 110% Q3 Sales + 241%
Not likely a start of a major impulse, but we will see. Fractally looking to move up on this one. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere...
SRTS: Sensus Healthcare, Inc. 2021-01-06 09:32:22 Holy Name Medical Center in Teaneck, New Jersey Acquires Sensus Healthcare’s Low-dose Radiation Therapy System to Treat Pneumonia in COVID-19 Patients
All, Think SRTS could make a big move soon. Honestly, with overall market trends and this stock in general. Hard to really say if it's a move up. But man is that some serious consolidating at the bottom. Will update later prob next week.
Man, these setups are just so fun to trade. NASDAQ:SRTS approaching a breakout, be wary!