Potential Buy Entry Alert NAN
Time Frame : Weekly
Sector : Healthcare Equipment and Services
Key Stats : $945.93 Million Market Cap, VWAP 3.196, ASX Ranking 248, 4 Week Av Turnover $3,552,971.
Company Overview : Nanosonics Limited (NAN) is involved in the manufacturing and distribution of the trophon EPR ultrasound probe disinfector and its associated consumables and accessories. It is also involved in research, development and commercialization of infection control and decontamination products and related technologies. NAN is headquartered in Sydney, Australia with offices in the USA (Nanosonics Inc) and Europe (Nanosonics Europe GmbH).
NAN – Nanosonics Limited
NAN has been on the radar for a while now and is showing signs of strength in buying as price holds higher levels. Some positive news releases are seen buyers step up the pressure so we are watching now for further contraction as sellers and buyers come to a point of agreement and then its all about the entry setup playing out.
Stock Code : NAN – Nanosonics Limited
Company Website : www.nanosonics.com.au
Current Price : 3.195
Status : On watch for higher low buy entry setup
Previous Alert 4/6/18
Potential Buy Entry Alert NAN
Time Frame : Weekly
Sector : Health Care Equipment and Services
Key Stats : $805.22 Million Market Cap, VWAP 2.71, ASX Ranking 268, PE Ratio 126.3
NAN – Nanosonics Limited
NAN has been contracting off the highs of around 3.60 for a while as long term buyers book some healthy gains. We now see the potential for price to start the building process for a new leg higher off support around 2.30. Watching the weekly charts for evidence of a higher low and potential buy entry setup.
Stock Code : NAN – Nanosonics Limited
Company Website : www.nanosonics.com.au
Current Price : 2.73
Status : On watch for higher low buy entry setup
