[AORT] Artivion Investment OpportunityArtivion stock exhibits promising potential with a robust fundamental valuation and the ongoing development of high-potential new products. The current market level presents an attractive entry point for initiating a long position for strategic investment purposes.
From a technical perspective, there is a notable trendline break, signaling caution regarding a potential fake breakout. Additionally, a minor pullback with a short trap has been observed. Given these technical indicators, entering a long position at the current juncture appears to be an opportune moment.
This presents an intriguing trade opportunity with careful consideration of both fundamental and technical factors. Diligence in monitoring the stock's performance will be key to capitalizing on its growth potential.
Great Trade !
AORT trade ideas
AORT Double Top?We see higher lows since mid may and in recent weeks some consolidation in the $18-$20 range. Price recently tested short term support at 17.95 and rebounded testing the .61 fibonacci level.
Several bullish signals:
1. MACD cross
2. D+ crossing D- on the ADX
3. On balance volume confirming price
The most recent candle made a potential double top so I would like to see an increase in volume and a close above $20.10 to initiate a swing trade to the long side.
targeting: 21.37, 22.99