Buyers stepping in today so watching now for the entry setup

Potential Buy Entry Alert to Watch PNV

Time Frame : Daily/Weekly

Sector : Pharmaceuticals, Biotech and Life Sciences

Key Stats : $475.98 Million Market Cap, VWAP 0.73, ASX Ranking 371, 4 Week Av Turnover $999,937, Current Turnover (Intraday as at time of alert) $371,160.

Company Overview : Polynovo Limited (PNV, formerly Calzada Limited) is an Australian based medical device company that designs, develops and manufactures dermal regeneration solutions using its patented NovoSorb biodegradable polymer technology. Their development program covers Breast Sling, Hernia, and Orthopedic applications.

Broker Consensus : BUY

PNV – Polynovo Limited

PNV is in a prime position to rally higher and continue the longer trend higher. We see the action still has some work to do for confirmation that buyers are continuing to step up to the plate so we are now watching for a minor higher low on volume for the buy entry setup.

Stock Code : PNV – Polynovo Limited

Company Website : www.polynovo.com.au

Current Price : 0.735

Status : On watch for potential higher low