EDT trade ideas
bullish Spectral Medical Inc (EDT)bottom could be in
89 crossed over the 144 TEMA
selling pressure looks to be completed
recent fda approval
company small enough it could be bought
EDT Long, but look out!EDT was doing well before the pandemic working on a blood cleaning machine for sepsis patients. Really cool innovation and the only one of its kind. Covid hit and crashed it along with every other stock around. But, they are helping out with the pandemic and they're going to rebound. Septic shock is happening to patients with Covid, so this is an opportunity for EDT to shine!
EDT longThis stock has performed well over the past year, but recently saw a little slump. it trends up on longer time frames, despite it appearing to be a short play on the short time frames. The product they are trying to get out there is real, and sepsis is very real. Scrubbing your blood of it is something unique and needed in hospitals for severe cases. I predict this stock to continue to move upward and i am holding a long position. It doesn't stay down below 70 cents for long, always bounces back up. There is lots of value here for overseas investors and also American investors, with our dollar trading low. Take a look for yourself let me know what you think!. TSX:EDT
