Looks to me that one can make an argument for either or both a cup with handle or bull flag formation on $CDNA. I've had my eye on this one for awhile and simply never pulled the trigger. Now it looks to be setting up to break-out of this formation. I'll be looking for an early entry once the price closes above the handle or flag formation. As the economy opens I expect this medical stock to do well. Ideas, not investing / trading advice.
from earningswhispers.com
Reported May 5.
CareDx Raises Guidance
Caredx (CDNA) reported a 1st Quarter March 2021 loss of $0.01 per share on revenue of $67.4 million. The consensus estimate was a loss of $0.14 per share on revenue of $61.1 million. Revenue grew 75.6% on a year-over-year basis.
The company said it expects 2021 revenue of $270.0 million to $280.0 million. The company's previous guidance was revenue of $255.0 million to $265.0 million and the current consensus revenue estimate is $260.92 million for the year ending December 31, 2021.
CareDx Inc is a commercial stage company that develops markets and delivers a diagnostic surveillance solution for heart transplant recipients to help clinicians make personalized treatment decisions throughout a transplant patient’s lifetime.
from earningswhispers.com
Reported May 5.
CareDx Raises Guidance
Caredx (CDNA) reported a 1st Quarter March 2021 loss of $0.01 per share on revenue of $67.4 million. The consensus estimate was a loss of $0.14 per share on revenue of $61.1 million. Revenue grew 75.6% on a year-over-year basis.
The company said it expects 2021 revenue of $270.0 million to $280.0 million. The company's previous guidance was revenue of $255.0 million to $265.0 million and the current consensus revenue estimate is $260.92 million for the year ending December 31, 2021.
CareDx Inc is a commercial stage company that develops markets and delivers a diagnostic surveillance solution for heart transplant recipients to help clinicians make personalized treatment decisions throughout a transplant patient’s lifetime.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.