EDAP TMS SA is a holding company, which through its subsidiary engages in the development, production, and marketing of minimally invasive medical devices for urological diseases. It operates through High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) segments. The HIFU segment develops, manufactures and markets devices for the...
Could this go back to $22? with news of FDA clearance...Maybe
Gapped up above yearly resistance at $3.50 and $3.86 Short if it does not hold support at $3.40 Long if it breaks resistance at $4.30 to make a quick profit before reaching $5 resistance
EDAP has recieved FDA clearance on its prostate device. With a price target of $6 this has room to run. Shorts could get trapped. A mourning dip got caused some panic but it appears to be holding the $3.70 range and looking to setup for another break out after the rsi cools down a bit.