excellent HS volume profile; DCF model undervalued by 177%. PT ≈12.5
Increase in insider ownership by 74% in last 6 mo. 13% decrease in short float last 30 days.
Cheap valuation relative to market and industry.
W/ Confirmed breakout, PT ≈ 3.7.
Correvio completed CRME aquisition effective today. Also Q1ER w/ EPS miss, but REV beat. HS inverse w/ + daily detected momentum and MACD ready to cross, right after golden cross of 50 & 200 DMA on 09MAY.
6 mo long inverse HS, measure rule implies PT just high enough to fill gap (≈100% higher than now)
Be on watch may retrace to lower NL level before actually breaking out.
Momentum initiated as + on weekly interval today and monthly less negative.