BFLY Price Target $20BFLY 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 revenue increased 30.3% to $13.0 million from $10.0 million last year. That is solid. The company is focused heavily on improving subscriptions, and it is translating to sales. Subscription revenue increased 94.3% to $3.5 million from $1.8 million last year. I see this line of revenue growing sizably in the coming quarters as it becomes a bigger focus of the company. With a half of billion in cash BFLY has significant funds to continue growing their customer base with their innovative cost cutting products. Their Butterfly IQ+ is a handheld ultrasound which is cutting the cost of ultrasounds by over 90%, this opens up the opportunity for the company to expand to developing countries with this amazing cost cutting innovation.
Healthcarestocks
XLV - an attractive buy
The pandemic has opened up investing opportunities in the healthcare sector. While buying stock in major companies may be attractive, I feel that investing in healthcare ETF (XLV) may be a better and more conservative option.
XLV recently hit a 52 week high but as you can see it has been pulling back (perhaps in part due to the uncertainty caused by the delta variant). I see significant support between 133.70-134.40 nearby and will be watching price action closely to enter a long trade.
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TSOI Printing!!!Not financial advice but I've been working with an associate to "resurrect" his squashed grapes of a portfolio and TSOI has already doubled it's portion of the equity in that account. Without getting too deep into it, the FIbs are pretty reliable on this OTC stock so DYOR, dive in and swim!!
Good luck!
Whatever WORX Right?WORX stock tested a key FIb level on Wednesday being the 50 fib line after plotting the top anchor at the recent high the first time WORX busted above the 50 fib. Before this latest round of testing, the last time WORX reached this key level it was rejected heavily.
A few weeks ago, the company announced that it had regained compliance with the NASDAQ listing requirements. At the same time, it announced that Tim Hannibal, current COO, would become the new CEO. He stated that “over the last 10-15 years, technology within the healthcare industry has evolved both in cost and complexity. Unfortunately, the technology which was implemented within different hospital departments and with disparate objectives has failed to provide the promised advancements.” As a leader in providing software to healthcare institutions, there is a clear benefit that Scworx could gain from the pandemic’s current state and the ending of Covid-19. With all of this in mind, is WORX stock worth keeping an eye on?
Quote source and read more: 4 Epicenter Penny Stocks You Need to Know About in 2021
Big Crash Incoming On BNTXThere will most likely be a 25% to 35% drop in BNTX over a very short period of time.
If we gap down Tuesday then expect it to drop the whole day.
Reasons: Price and volume divergence, over-extesnion of price and emotions, demand imbalances are way lower, topping formations intra-day.
HDVY Technical AnalysisSomeone had asked me to chart this up two weeks ago if I recall and I'd set up a buy grid using Fibonacci, some trend lines and your basic Hi's / Low's and everything goes. I'll post the updated TA version in a bit here but we can see that at the very least, my stop market buy would have filled and a gain at the top of the Fib overlay I'd made at that time would have been met. So holy cow!! this beast popped hard. Not unusual for OTC stocks to pump like this and flash wick huge on the top side. I prefer consolidations, breakouts, gap fills and things like that so I personally would't do anything at the moment but possible wait for a cup & handle situation. Update posting in 3 . . 2 . .
REG Correlation buyEarlier this year Japara health care (JHC, bottom chart) had a take over bid, pushing the stock to higher prices, outperforming REG. The stock is typically highly correlated, and with the deviation from the mean I'm looking for a return back to the mean. I will be going long REG and potentially taking a short on JHC for a reversion.
JD.com HEALTH ~ Looking for movement to appear soon... JD HEALTH as retail pharmacy has started to be online, and notice increase of sale retail is now online multiple supported showing JD Health have been ranging near the IPO price, premature Head and Shoulder is forming up.
Currently it's at lower zone, expecting as break out happening soon with the lower range support to TP1 $124 and above..
If support break we might be looking under IPO prices. Circle indicate possible low.
Good Luck!!
BFLY Should Hold SupportBFLY 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 innovation. It hasn’t been a better time to buy BFLY in quite some time as BFLY is now trading on crucial support around $12.50. I think we hold this support line and trade up to the top line of resistance around $15 within the next couple months then we should move up to $20 in the coming months.
BFLY Price Target $25BFLY
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 are targeting emerging markets with this amazing cost cutting innovation. We saw insiders buy over 2 million worth of shares earlier this month, which signifies confidence of the business within the company. This is a long term hold for me!
RGLS Showing Interesting LevelsRGLS continues pivoting around that 618 Fib line. Overall, it has held a clear uptrend despite the pullback. Trend line lines up almost perfectly with the latest higher lows put in. RNA companies remain a focus. In this case, it's not covid but kidney diseases.
"In mid-May, Regulus Therapeutics announced an incremental update of its autosomal dominant polycystic kidney disease program. The CEO of the company, Jay Hagan said, “As previously reported, the ninth and final patient was trending well at the end of the dosing period and saw their polycystin levels continue to rise until study completion, twenty-eight days after the last dose. This pattern was generally consistent across the first cohort and further enhanced the overall mean changes from baseline for both biomarkers."
PLUS upcoming presentation of RGLS4326 for the treatment of ADPKD at the PKD Connect Conference 2021 this Friday (6/25) could be something to keep in mind right now too.
Quote Source: 7 Hot Penny Stocks to Watch That Are Trending Right Now
Malaysia Health Care Index.Correlation with Gloves Stock.20/6/21With geopolitical and economic issues, Should we "trace" Glove Stocks "Future Paths" with US Glove Stock ADR/OTC? or "Local" Health Care Index? which is Comprise ≈ A Quarter (28.5% ) ( 4 out of 14 Malaysia Health Care Index Stocks are Gloves Stocks)
$CLOV Clover Health Investments tries to recoverThe title recently had an explosive exploit touching really important levels, as a result of these unfortunately profit took prevail and the price of the title fell.
Now it seems back the time of collection and the advisor Market Miracle that tries to identify the interests of big players in the market is providing us with an entry signal on the title $CLOV.
The expected target is 17.25 USD but it could also be a starting point from which to take new leaps.
Analyzing the title on the graph I expect to see a price action similar to the one I designed, Of course surprises are always possible especially on a low capitalization stock like $CLOV so pay attention and analyze well what for you is the possible price action to be able to current any necessary price mediation.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
METROPOLIS - BO DONEMETROPOLIS breakout last day with very immense volumes. The stock was being accumulated highly near its last resistance zone(now short term support) and gave BO recently.
- Extremely bullish on higher TFs
- Strong base of 1800 levels
One can go long here @2500 levels and accumulate in dips 2200-2300
Keeping SL 1800 on WCB
BFLY HITTING SUPPORT - $20 PRICE TARGETBFLY - 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 bring this technology to poorer developing countries. Just reported $0.57 EPS last quarter on an annual basis that would be a PE of 4.5x which is cheap given the growth prospects for this company. Looks great on the chart as we are seeing a double bottom off that $9.80 level. Long shares and calls here.
20-150% Profits Possible on SEEL Therapeutics My favorite new indie stock, Seelos Therapeutics, was recently upgraded from a price target of $4.70 to a whopping $15.
For this to happen, it may have to beat some bears (in SPY) and sharks (in short interest).
Short interest in the stock is down, with most shares not available to short. This is positive and bullish for shorter term.
The stock market looks to continue its rally, with minor downs, as usual, until further notice.
Biden's Infrastructure Plan may continue to stimulate the market to amazing new highs.
I may invest in this on Monday. I really need to make some $$ for food, rent, and my beloved kitten.
If it follows DLPN (Dolphin Entertainment), it may even beat its updated price target! DLPN was a rocket ship this year! Everyone go out and see some seals!
News had it that the Great White Sharks of Cape Town have disappeared this year!
Enough synchronicities, this is an ethical company that works on healing chronic diseases.
Resources:
stockinvest.us
stocktwits.com
finance.yahoo.com
www.nasdaq.com
seekingalpha.com
investorshub.advfn.com
seelostherapeutics.com
#mayweallgetrichtogether
THYROCARE recently turned trend, about to test resistance zone.Hi. In this 1D chart I've plotted a few things: the recent MA 56 crossing that marked a trend turn, the approaching resistance zone from November last year and an interpretation of the movements since then as Elliott Waves.
You can also see:
There is still rooms for the Williams 224 to climb further.
The historical volatility is lower than it was in November indicating a more stable trend.
The Ichimoku is agreeing with the recent trend turn.
There is possibility that the MACD will turn down across its signal but I believe that it will either skirt the signal and then continue rising or pass below it momentarily as the current Elliott Correction Wave plays out.
It should be noted that the fundamentals of THYROCARE are absolutely excellent and therefore could be worth holding not only for the immediate future.
Thank you. Please if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods.
This does not constitute financial advice.
Any prices, even if explicitly stated, are presented with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
HEPA - a good buy opportunity? Very likely for me!First of all, I am not an expert when it comes to pharmaceutical companies!
Why did I pick Hepion Pharmaceuticals (@hepionpharma)?
1. From a business perspective, they are healthy (Quick Ration of Assets vs. Liabilities is 9 to 1)
2. They came from a super high share price and are currently on a super low level
3. They are working on a product CRV431 (recently completed Phase 1 of 3) to tackle chronic liver disease and so far the results seem promising: Half a billion people worldwide are at risk unless new therapies are found.
CRV431 is Hepion’s clinical phase, lead oral drug candidate for nonalcoholic steatohepatitis (NASH) and viral hepatitis-induced liver disease. CRV431 meets all of Hepion’s criteria for an effective and unique pleiotropic liver disease drug.
Currently Phase 1 consists of three parts and the collective data from the Parts 1 and 2 demonstrate a favorable pharmacological, pharmacokinetic, and safety profile for CRV431. Part 3 data results are expected and with Phase 2 we might see bigger interest.
Take a look at the chart and the health of the company with future prospective - then shape your own opinion.
- This is no financial advice, so trade with care!-
For transparency reasons: I am invested in $HEPA with 2/10 of my stock account size.
MDT price target raised to 133; pent-up demand provides tailwindMDT price target was just upgraded to $133 by Citi. I see it overshooting that in the long run. Elective surgeries have been put off and doctor visits have been down throughout the pandemic so the amount of pent-up demand for surgical/medical care is going to be through the roof. With an aging population, healthcare is a MUST as a sector to allocate to.
MDT is an excellent way to play this sector. After periods of consolidation, MDT looks ready to head towards it's price target. My guess is it hits $150 before it reaches any significant resistance.
In terms of fundamentals, their current ratio is 2.1020, meaning they could pay their current liabilities 2 times over if sh*t hit the fan and business came to a complete halt. Highly unlikely, but if it did happen, you would be sheltered for a period of time.
$STRM Signs New Contract for Streamline Health® eValuator™Large Southwestern Health System Signs New Contract for Streamline Health® eValuator™
$STRM today announced it has signed a contract with a 1,300-bed, Epic EMR-based health system in Arizona. The healthcare provider will use eValuator’s cloud-based automated pre- and post-bill coding analysis technology to help improve revenue integrity for their inpatient and outpatient services.
finance.yahoo.com