Technical Analysis
1. Large Head & Shoulders
2. Pennant/Falling Wedge with Large Flag Pole
3. Market Retraced to Fibonacci 0.786 (Silver Zone)
4. Forming of 2nd Shoulder for Head & Shoulders
5. Market Sitting on Support Structure
6. 1st Safe Take Profit at Fibonacci Expansion Level 1 (Grey Zone) also at Flagpole length
7. RSI at oversold zone
Note that another similar medical company is NMTR
1. Large Head & Shoulders
2. Pennant/Falling Wedge with Large Flag Pole
3. Market Retraced to Fibonacci 0.786 (Silver Zone)
4. Forming of 2nd Shoulder for Head & Shoulders
5. Market Sitting on Support Structure
6. 1st Safe Take Profit at Fibonacci Expansion Level 1 (Grey Zone) also at Flagpole length
7. RSI at oversold zone
Note that another similar medical company is NMTR
