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ZOMEDICA CORP STOCK Analysis

1 437
Technical Analysis
The Idea is to go long following the Major trend: Option 1: if 2.00 USD resistance will not be broken -
Wait the end of a possible price retracement before going log (it might go down to 1.45 USD)
Option 2: if 2.00 USD resistance will be broken in the next days, go long aiming to reach Target Price 1 and then 2.
Fundamental Analysis
The veterinary health specialist is slated to launch its patented Truforma diagnostic system on March 30. The platform is designed to produce fast and accurate results when used to detect diseases in dogs and cats.
The Idea is to go long following the Major trend: Option 1: if 2.00 USD resistance will not be broken -
Wait the end of a possible price retracement before going log (it might go down to 1.45 USD)
Option 2: if 2.00 USD resistance will be broken in the next days, go long aiming to reach Target Price 1 and then 2.

AMEX:ZOM

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