Align Tech Trade setupEntry level $290 = target price $318 = Stop loss $281
Some very bullish price action has taken place recently, a major downtrend break and golden moving average cross
is hugely significant.
Indicators are very bullish and have a lot of room to run higher.
P/E ratio 58
Company profile
Align Technology, Inc. engages in the manufacture, design, and marketing of global medical devices. It operates through the Clear Aligner, and Scanner and Services segments. The Clear Aligner segment consists of invisalign full, teen and assist products, and vivera retainers along with training and ancillary products for treating malocclusion. The Scanner and Services segment comprises of intraoral scanning systems and additional services available with the intraoral scanners that provide digital alternatives to the traditional cast models. The company was founded by Zia Chishti, Brian Freyburger and Kelsey Wirth in March 1997 and is headquartered in San Jose, CA.
