Potential Buy Alert NAN

NAN – Nanosonics Limited

NAN is building some very nice long term price structure which will support a strong move higher. The company is involved in the manufacturing and distribution of medical instruments and has had a strong run up into the end of 2016. Since then a lot of traders have been put back on the sidelines as price contracted. We are now watching for buyers to step back in to build higher lows and the confidence for a run into new highs.

Stock Code : NAN – Nanosonics Limited

Company Website : www.nanosonics.com.au

Current Price : 2.86

Status : On watch for buy entry setup