Buyers stepping in to push price higher

New Buy Entry Alert PME

 

Time Frame : Daily/Weekly

Sector : Healthcare Equipment & Services

Key Stats : $832.12 Million Market Cap, VWAP 8.028, ASX Ranking 267, 4 Week Av Turnover $598,578, Div Yield 0.62%.

Company Overview : Pro Medicus Limited (PME) is an imaging IT provider. The company provides a full range of radiology IT software and services to hospitals, imaging centres and health care groups worldwide. The company offers a suite of RIS, PACS and e-health solutions constituting a comprehensive end-to-end offering in radiology. Pro Medicus has global offices in Melbourne, Berlin and San Diego.

 

PME – Pro Medicus Limited

PME has kicked higher and looking strong as buyers continue to step up the pressure. We are happy to buy at 8.24 and will hold the stop loss at 7.60.

 

Stock Code : PME – Pro Medicus Limited

Company Website : www.promedicus.com.au

Current Price : 8.24

New Buy Entry (Trigger Level) : 8.24 (current price)

Potential Sell Exit Zone (Stop Loss) : 7.60

Status : On watch for a buy entry trigger