Buyers holding their ground and ready for a new leg higher

Potential Buy Entry Alert to Watch VHT

Time Frame : Daily/Weekly

Sector : Healthcare Equipment and Services

Key Stats : $388.15 Million Market Cap, VWAP 1.76, ASX Ranking 433, 4 Week Av Turnover $1,493,634, Current Turnover Intraday $241,990 (11:50am AEDT), PE 12.6, Div Yield 3.38%.

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 : HOLD

VHT – Volpara Health Technologies Limited

VHT has been a winner previously and may be set to perform again. There was a sharp move lower off the highs after options were exercised to dilute the price. We expect to see the short term sellers step aside and longer term buyers start to take control to continue the move higher. Watching now for a higher low to hold on increased volume to build the entry setup.

Stock Code : VHT – Volpara Health Technologies Limited

Company Website : www.volparasolutions.com

Current Price : 1.75

Status : On watch for potential higher low and push up through 2.10