Buyers are building as price is set to break up and out of contraction

New Buy Entry Alert VHT

Time Frame : Daily

Sector : Healthcare Equipment and Services

Key Stats : $341.27 Million Market Cap, VWAP 1.61, ASX Ranking 444, 4 Week Av Turnover $567,342, Current Turnover (Intraday as at time of alert) $230,476.

Company Overview : Volpara Health Technologies Limited (VHT) develops digital health solutions to enable personalised, high quality breast cancer screening based on objective measurements of breast density, compression and radiation dose.

Broker Consensus : Not covered by a major broker

VHT – Volpara Health Technologies Limited

VHT is showing strong signs that buyers are building for a move higher. The Company is cashed up with no debt and looking to increase market share with its technologies. We are happy to buy on a push up through 1.685 and hold the stop loss at 1.52. If price falls down through 1.52 prior to entry then we will cancel the alert and re-assess the action.

Stock Code : VHT – Volpara Health Technologies Limited

Company Website : www.volparasolutions.com

Current Price : 1.625

New Buy Entry (Trigger Level) : 1.685

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 1.52

Status : On watch for Buy Entry Trigger