WATCH $PROFBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Decent PE
- Decent PEG
- Decent P/FCF
- Strong Sector / Industry / Leader
- Prostate cancer is the #4 cancer in the world
Technical
- Momentum Theory Indicator - waiting for momentum to break out
- Momentum divergence on the MTI 02
- Price action formation ( dowtrend channel )
- Broke Trend line / retest needs to hold
- Below 200MA
- Below POC
- Pending ST
- No bullish Candlestick
Profound Medical Corp
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In-depth trading ideas
Trial Data offers Pennant/Flag breakout opportunity in PRN/PRFMFProfound Medical, a Canadian medical device company, traded on the Toronto Stock Exchange under the symbol PRN or PRFMF on the US exchange, has provided a nice Bullish Pennant/Flag formation. The pennant formation has formed over the last two months and broke out this morning on heavy volume, in reaction to its Phase 3 prostate cancer trials. Bullish pennants usually require heavy volume on the breakout, which we are seeing today. Additionally, the price target for bullish pennants are usually
Phase 3 trial data offers flag breakout opprotunity in PRN/PRFMFProfound Medical which is a Canadian company traded on the Toronto Stock Exchange under the symbol PRN or PRFMF on the US exchange, has provided a nice Bullish Pennant/Flag formation. The pennant formation has formed over the last two months and broke out this morning on heavy volume in reaction to its Phase 3 prostate cancer trials. Bullish pennants usually require heavy volume on the breakout, which we are seeing today. In addition, the price target for bullish pennants are usually establis







