Health Care/ Health Care Equipment
Company announced 2Q earnings last week which exceeded expectations -it managed to increase gross margin by eliminating distributors and sell more directly.
In 2019 Expected revenue +16.5%, EPS + 14.3%, EBITDA margin +3.4 p.p. (38.5%)
In 2020 Expected revenue +23.1%, EPS + 13.7%, EBITDA margin -0.5 p.p. (38.0%)
12M Tgt Px is...
Arista Networks broke SMA 100 (may be support line). High probability that the share closes the price gap, which was created on May 3 (q1 earnings release). On 1st August company will publish 2Q earnings. Our portfolio position is 3,5%. Before increasing exposure up to 5% we will wait a little bit to see if it funds support at SMA 100. Also upper bollinger band...
SUBETH seems to have just completed its 2nd wave with 0.618 correction. I believe we will shortly be looking at 3rd wave which should complete at 0.00167 ETH. The green line at about seems very relevant. If it crosses it we are looking at bearish confirmation.
ETC is likely driven by upcoming Callisto hardfork which is expected to happen on March 8th on block 5500000.
ETC USD performed a nice 0.618 retracement from 38.900 to 33.298. Now it is making wave 3 with targets 44.2 and 52.8. RSI on 4h chart is strong and supports movement.
We have noticed interesting development and possible bounce #BQXETH ( #BQX ). Price bellow bollinger low, RSI approaching 30.
This is not a trading recommendation, it just represents our trading opinion.