2NDCRK: NUTXSecond 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.
