2NDCRK: NUTX
Second Crack: NUTX (Nutex Health)
Technical:
(+) Weekly breakout on volume.
(+) Consolidation towards MA50
Fundamental:
(+) Revenue increase
(+) EPS increase, possible turnaround candidate to EPS positive
(+) cashflow positive last quarter
(+) expansion is planned, every hospital makes around 10 mio/year (currently 21)
(+) insider buying open market
(-) last quarter EPS negative
Low Risk Entry: ~18-20$
Price target: 40$-100 $
Stopp Loss: ~15$
Second Crack Strategy:
A good coffee needs the "second crack" during the roast. This strategy is similar:
"First crack": Weekly breakout from base, strong volume increase. Good fundamental data and products or a good turnaround story.
The "second crack" is the 2nd leg after consolidation and low risk entry.
Technical:
(+) Weekly breakout on volume.
(+) Consolidation towards MA50
Fundamental:
(+) Revenue increase
(+) EPS increase, possible turnaround candidate to EPS positive
(+) cashflow positive last quarter
(+) expansion is planned, every hospital makes around 10 mio/year (currently 21)
(+) insider buying open market
(-) last quarter EPS negative
Low Risk Entry: ~18-20$
Price target: 40$-100 $
Stopp Loss: ~15$
Second Crack Strategy:
A good coffee needs the "second crack" during the roast. This strategy is similar:
"First crack": Weekly breakout from base, strong volume increase. Good fundamental data and products or a good turnaround story.
The "second crack" is the 2nd leg after consolidation and low risk entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.