Potential Buy Entry Alert NAN

Time Frame : Daily/Weekly

Sector : Healthcare Equipment & Services

Key Stats : $945.93 Million Market Cap, VWAP 3.215, ASX Ranking 251, 4 Week Av Turnover $4,783,106, Current Turnover (Intraday) $4,177,513.

Company Overview : Nanosonics Limited (NAN) is involved in the manufacturing and distribution of the trophon EPR ultrasound probe disinfector and its associated consumables and accessories. It is also involved in research, development and commercialization of infection control and decontamination products and related technologies. NAN is headquartered in Sydney, Australia with offices in the USA (Nanosonics Inc) and Europe (Nanosonics Europe GmbH).

Broker Consensus : HOLD

NAN – Nanosonics Limited

NAN is in a good position where we would expect to see some pickup in buying interest. The 3.00 mark provided minor support so we are now watching for a major higher low to build and show us that the buyers are starting to come out of the woodwork for a move higher.

Stock Code : NAN – Nanosonics Limited

Company Website : www.nanosonics.com.au

Current Price : 3.24

Status : On watch for a buy entry setup