OSUR breakout Bullish Wedge 35% upside Minimum

15 มี.ค. 2021

OSUR missed earnings by .03, but gave upward guidance with Emergency Use Act submission for rapid COVID tests.
The upward wedge/channel has a 35% higher top from current levels and around a 30 day periodicity.

Healthcare is a defensive play, and these guys have low debt. Reopening will require a lot more testing to confirm.

I think it could break up from the wedge, but I see a 30+% profit target either way

*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

30 มี.ค. 2021

บันทึก

OSUR has let me down a bit, but I think a new target of 9.49 is a bounce spot with the same pattern to repeat. Waiting on Emergency Approval to hit for their latest rapid COVID tests.