OM - long idea - block buysOutset Medical Inc is a medical technology company. It has developed a machine, Tablo, which reduces the cost and complexity of dialysis. Tablo provides Renal Replacement Therapy in Hospitals, Chronic Care in Dialysis Clinics and Home Dialysis.
This is not a financial advice!
Lots of block buys recently - as it seems someone knows something
Shs Float 46.65M
Short Float 17.26%
Rel. Vol. on 03/07/2024 7.88
We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.
Keep an eye on 4.4 / 6.3 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.
SL under 2.6
TPs approx. 10.0
Most info on the chart.
Trade carefully!
