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