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Potential Buy Entry Alert to Watch PME
Time Frame : Daily
Sector : Healthcare Equipment and Services
Key Stats : $2.65 Billion Market Cap, VWAP 26.24, ASX Ranking 143, 4 Week Av Turnover $8,009252, Current Turnover Intraday $5,941,550 (12:01pm AEDT).
Company Overview : Pro Medicus Limited (PME) is a provides healthcare imaging software and services to hospitals, diagnostic imaging groups and other health related entities in Australia, North America and Europe.
Broker Consensus : HOLD
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PME – Pro Medicus Limited
PME recently corrected off its all time highs around 38.00 and now looks set to build a higher low for a charge back to test and potentially break to new highs. We are now watching to see if price can pullback to support a higher level on increased volume to setup the buy entry for us to jump on board.
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Stock Code : PME – Pro Medicus Limited
Company Website : www.promedicus.com.au
Current Price : 26.09
Status : On watch for potential higher low and push up through 28.00
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