A well established trend higher is set to continue

Potential Buy Entry Alert FPH

 

Time Frame : Daily/Weekly

Sector : Healthcare Equipment and Services

Key Stats : $7.72 Billion Market Cap, VWAP 13.606, ASX Ranking 57, 4 Week Av Turnover $4,013,205, PE 43.0, Div Yield 1.45%.

Company Overview : Fisher & Paykel Healthcare Corporation Limited (FPH) is a New Zealand-based company engaged in design, development, manufacture and marketing of products and systems for use in respiratory care, acute care, surgery and the treatment of obstructive sleep apnea. FPH currently sells its products and systems in over 120 countries worldwide.

Broker Consensus : None

 

FPH – Fisher & Paykel Corp Limited

FPH has been holding a steady long term trend higher and is in a prime position to continue after squeezing out some late buyers. We are now on watch for a minor higher low to build for the buy entry setup and continuation into new highs.

 

Stock Code : FPH – Fisher & Paykel Corp Limited

Company Website : www.fphcare.com

Current Price : 13.59

Status : On watch for a buy entry setup