A stock ready to run as buyer start to load up again for a move to new highs

Potential Buy Entry Alert PME


Time Frame : Daily/Weekly

Sector : Healthcare Equipment & Services

Key Stats : $832.12 Million Market Cap, VWAP 8.028, ASX Ranking 267, 4 Week Av Turnover $598,578, Div Yield 0.62%.

Company Overview : Pro Medicus Limited (PME) is an imaging IT provider. The company provides a full range of radiology IT software and services to hospitals, imaging centres and health care groups worldwide. The company offers a suite of RIS, PACS and e-health solutions constituting a comprehensive end-to-end offering in radiology. Pro Medicus has global offices in Melbourne, Berlin and San Diego.


PME – Pro Medicus Limited

PME has been correcting a move up from 5.00 to 9.00 since the beginning of the year and is now showing some signs of buyers starting to load back in. We are now watching for the opportunity to get on board for a new leg up out of contraction targeting well into new highs.


Stock Code : PME – Pro Medicus Limited

Company Website : www.promedicus.com.au

Current Price : 8.06

Status : On watch for a buy entry setup