Missed earnings see sellers drive price lower

NAN stop loss triggered at 3.30 so the alert is now closed.

 


Previous Alert 15/8/18

Current Active Alert Management NAN

NAN – Nanosonics Limited

NAN continues its march higher so time to look to lock in some gains. Happy to take a partial exit at 3.58 around resistance and also to raise the stop loss level to 3.30. Watching the action from here.

 

Stock Code : NAN – Nanosonics Limited

Company Website : www.nanosonics.com.au

Current Price : 3.52

Previous Buy Entry (Trigger Level) : 3.40

New Sell Exit Zone (Stop Loss) : 3.30

Potential 50% Partial Exit Zone (Target) : 3.58

Status : On watch for partial exit

 

 


Original Alert 9/8/18

New Buy Entry Alert NAN

 

Time Frame : Daily/Weekly

Sector : Healthcare Equipment

Key Stats : $984.85 Million Market Cap, VWAP 3.339, ASX Ranking 240, 4 Week Av Turnover $3,058,197.

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 on the rise as more buyers step up to the plate. We are happy to buy on a push up through 3.40 for a continuation of the longer term trend. We will hold the stop loss level at 3.17 so if price pushes below the stop level prior to entry, we will cancel the alert and re-assess the action

 

Stock Code : NAN – Nanosonics Limited

Company Website : www.nanosonics.com.au

Current Price : 3.345

New Buy Entry (Trigger Level) : 3.40

Potential Sell Exit Zone (Stop Loss) : 3.17

Status : On watch for a buy entry trigger