All, No bad news just a big dip here .. I think minimum we see a 10% move here to retest significant break. I personally believe this stock after ER will go $12+. Would not surprise me AT ALL if hedges etc are seling out here to re buy in down here to make some big profits come ER. Watch for big candles next few days. see my last post very similar sell off.
Had not heard of this company until today. Technical set up made me do a quick look at the company. A transformation makes sense to me. Earnings this week Cutting edge COVID testing technology Bullish market conditions
BFLY Current Price $12.20 Price Target $20 I like BFLY here, as it has over $500 million in cash following its merger with Longview, and I like that it is fully expected to be cash-flow positive by 2024.Revenue increased 40.0% to $16.5 million in Q2 2021 from $11.8 million in Q2 2020. The revenue can be traced to both product and subscription revenues. Product...
i remember playing this one before it merged with bfly, sold when the euphoria was at its peak (lol). like all the other spacs, it got albsolutely decimated. i won't get into the reasoning behind why this happened; instead i'll just give you this setup. wave 3 target = $24
BFLY Current Price $12.75 Price Target $20 This company is a fairly valued (5x PE) innovative healthcare company. Butterfly Networks is cutting the cost of ultrasounds by 90% with their handheld device, the new ultrasound platform uses a semiconductor rather than a crystal based sound wave. They are targeting emerging markets with this amazing cost cutting...
BFLY Current Price $14.36 Price Target $20 $10c 10/15 ($470, 3% till breakeven) We have been in BFLY since $10. This company is a fairly valued (5x PE) innovative healthcare company. Butterfly Networks is cutting the cost of ultrasounds by 90% with their handheld device, the new ultrasound platform uses a semiconductor rather than a crystal based sound wave. They...
Current Price $13.95 Price Target $20 Option $10c 10/15 We have been in this name for a while now but for those who don't know, BFLY is a innovative healthcare company that has created a handheld ultrasound that cuts the price of ultrasounds by 90%. Its a good time to get in now as last quarter was BFLY’s best quarter. They are trading at a cheap 5x PE which is...
Butterfly Network Inc. $BFLY Current Price $13.27 Price Target $20 BFLY $10c 10/15 ($390,4% till breakeven) BFLY has created a handheld ultrasound which can be sold for as low as $2,000 cutting the average price by 90%. This company is young but it is less speculative than most early-stage disruptive companies as BFLY is already selling its product. Given their...
BFLY Current Price $11.75 Price Target $20 Innovative tech has been killed since February but the core difference between most innovative tech and BFLY is BFLY is a profitable company only trading at 5xPE. This is very cheap when you consider the S&P is trading at 20 PE (which means BFLY is trading four times cheaper than the market). BFLY has created a handheld...
BFLY - Current Price $ 10.23 Price Target (short-term) $12.50 Long Term $20 This company created an Ultra sound that is hand held and can give you the same images and accuracy as the ones in use in the USA. The best part about the innovation is the cost reduction. These cost under 3k while most ultra sounds cost a million +. This innovative tech will be used to...
"Ultrasound designed for the future." "Experience a groundbreaking ultrasound solution and the world’s only single-probe, whole-body handheld device, powered by Ultrasound-on-Chip™ technology. Butterfly transforms complex processes into one connected POCUS system to help you offer better, more efficient care."-Butterfly Network Inc That is info from their...
I had previously put this on a watchlist for going long. Now, I am actually thinking it's going to fall further. I thought at this point the wedge breakout would have occurred, and since buyers haven't moved in, I think it may be headed down further. I have seen similar setups where the wedge keeps getting tighter and tighter on the top, then finally no buyers...
Not an Elliot wave person. Just watched a video yesterday now trying to use it before I lose it. Medical Imaging company that's fairly new. Very reasonable to say the elliot wave patterns of the larger picture are just beginning if you think the elliot waves are law.
The combined company will list on the New York Stock Exchange under the ticker "BFLY." It will have about $584 million in cash to develop its digital imaging technology. Butterfly's early investors include Baillie Gifford, The Bill and Melinda Gates Foundation and Fosun Industrial Co., Limited. Butterfly's aim is to make superior medical imaging at more affordable...