Jrussell86

Jrussell86

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.

Jrussell86

Price Target 3.55

Jrussell86

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.

Jrussell86

ON WATCH. zoom in and you will see positive daily momentum. Possible 3 month downtrend breakout

Jrussell86

shows that price will bounce back to high of new trend or higher. 50/ 200 DMA golden cross on hourly indicates new short term trend near or has started.

Jrussell86

Qualifies as falling wedge pattern. PT: ≈3.10. Monthly MACD crossing signal line and weekly negative momentum decreasing toward 0. 50 DMA now levling out and closing towards 200 DMA.

Jrussell86

Golden Cross pending on hourly w/ + Momentum ready to begin on daily and MACD pointed up on 0 is an overall good technical indicator. Volume profile matches typical H&S.

Jrussell86

After Q4E Reverse DCF models increased fair value from 5.46/7.45 - 5.93-7.71 suggesting stock is now 107-169% undervalued. Price to PeL is now 277% >current. Revenue has increased 31% YoY and 30% QoQ. Symmetrical pattern is neutral until decisive breakout.

Jrussell86

between MACD and trend. Elliptic volume profile detected forming since Sept. MACD trending up/ <.001 below 0.

Jrussell86

Divergence w/ MACD On Daily; price crossing 50 DMA; on watch for breakout falling wedge forming w/in larger wedge. EPS & Revenue beat in Q4.

Jrussell86

ON WATCH for breakout; possible complex forming. Confirmed breakout PT 2.96. Momentum on 4hr chart sustainable for further upward movement.

Jrussell86

Diamond patterns are neutral until breakout. MACD trending up on multiple time frames. Just reported loss of .4/share BUT stock is cheap compared to industry. No debt, Current/Quick Ratio >3; Reverse DCF models show fair value ≈ 22-33. Worth a look.

Jrussell86

Complex/ Simple forming / ON WATCH. Breakout w/ close >≈3% confirms pattern valid. PT 7.75 Fundamentals provides safety. Very Strong balance sheet and increasing inst ownership.

Jrussell86 Updated 

w/in symmetrical triangle; PT ≈3 (25% increase) MACD monthly & wkly pointing up w/ wky momentum starting +. Fundamentally, DCF places FV @ 8.3 (225% safety margin). 4.2M float 71% owned <.1% short. www.gurufocus.com

Jrussell86

Keep this on your radar! DCF models ≈ 12.6-25.68, margin of safety >85% . VERY strong balance sheet and improving REV and FCF Q/Q. The larger weekly picture picture shows a massive head and shoulders-which cannot be ignored, but we don't believe there is any good chance of it playing out. On a shorter time frame the previous diamond pattern has been ...

Jrussell86

Symmetrical triangles are neutral. Breakout w/ close 3% from line should result in ≈ 18% move from trendline. If price doesn't breakout before apex regard formation as invalid.

Jrussell86

GURE, *MAY provide better entry IF closes it least 3% below neck line. Minor Wave correction. Still long overall. Very undervalued buying opportunity near.

Jrussell86

Initial PT ≈ 3.5, then 5.2 MACD pointed up, right under 0 (Good for strong breakout), Momentum has been less negative. 3rd downtrend line break confirms end of minor move down within intermediate wave. DCF Models 5.46- 7.45