PENUMBRA INC

NYSE

PEN

PEN

Nvertheless I am trying a position here. At least we have a new high. The momentum is low, however, and it may take some time to get some gain.

Nov 5th, 3:12 pm $PEN Q3 top line beat of $111.8M vs consensus $102M, 33% yoy. Neuro grew 27%. Vascular grew 47%. Raised 2018 guide from $420-25M to $437-38M Nov 6th, 9:15 am $PEN Check out this $5 billion innovator in catheter-based stroke treatment. Penumbra could be good tuck-in for $JNJ $MDT or even $EW Wells Fargo med-tech analyst Larry Biegelsen has been...

S/R Zones post large gap down. If it breaks down 200SMA (120.35), could head towards first support at 117.

Please watch for a several on DAILY chart (like a harmai, pin bar or engulfing), then short this unit around $103. PA is now $121.50, should top out this week or next in between $121-$125, then drop. Good luck in your trading endeavors and keep trading simple (Price Action Trading) is best in long run.

NYSE:PEN