MEDPLUS Upflag buy for target 841

2023년 5월 11일

MEDPLUS stock showing upflag chart pattern and trades above the Anniversary Date

Pros
1. Upflag pattern
2. Breakout with good Volumes
3. Golden Crossover before the breakout candle
4. Piotroski score 7
5. Good profit growth of 25.7% CAGR over last 5 years

Cons
1. Stock is trading at 6.23 times its book value

Verdict
Target = 841
SL = 744
Buy@ = 752-755
Risk = 8
Reward = 89
Ratio Reward Ratio = 1:11
Potential upside = 89.41%

* These are my analysis & not recommendations please take your decision basis your analysis