OM - long idea - block buys

Updated
Outset Medical Inc is a medical technology company. It has developed a machine, Tablo, which reduces the cost and complexity of dialysis. Tablo provides Renal Replacement Therapy in Hospitals, Chronic Care in Dialysis Clinics and Home Dialysis.

This is not a financial advice!

Lots of block buys recently - as it seems someone knows something

Shs Float 46.65M
Short Float 17.26%

Rel. Vol. on 03/07/2024 7.88

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Keep an eye on 4.4 / 6.3 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 2.6

TPs approx. 10.0

Most info on the chart.

Trade carefully!
Trade closed: stop reached
Chart PatternsFundamental AnalysisTrend Analysis

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