This looks like it will be a fun one to watch.
There has been a bit of a cycle for Haemonetics in the last year or so. Big gains > massive losses > big gains.
Today we see the price hovers around a channel high and have historically experienced a big drop. However, around $71 is a recent support zone. If the price can rebound off $71 we could have nice pop up to $80 where we would encounter some resistance again. Upcoming earnings will be the litmus test for enthusiasm.
If the price follows its recent cycle then there could be a big drop to the $30s!
As a reminder: I am just some random dude on the Internet who spends 15 minutes picking random companies and doing armchair analysis on them. I never invest in any of the companies I post about and I don't think you should either. At least not based on my analysis.
There has been a bit of a cycle for Haemonetics in the last year or so. Big gains > massive losses > big gains.
Today we see the price hovers around a channel high and have historically experienced a big drop. However, around $71 is a recent support zone. If the price can rebound off $71 we could have nice pop up to $80 where we would encounter some resistance again. Upcoming earnings will be the litmus test for enthusiasm.
If the price follows its recent cycle then there could be a big drop to the $30s!
As a reminder: I am just some random dude on the Internet who spends 15 minutes picking random companies and doing armchair analysis on them. I never invest in any of the companies I post about and I don't think you should either. At least not based on my analysis.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.