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Nxstage Medical, Inc. Message Board

  • neurogain neurogain Feb 11, 2009 3:37 PM Flag

    Perfect trading pullback

    The only better entry would be at approx 3.00 the 50 day moving average. I have a large buy order there with a tight stop. Should it touch the 50 day, it will likely bounce right off and head up again. Remeber healthcare good defensive play in recession, no political opposition - if anything support, Nxtm has fixed many of their operational blunders, i.e. production, customer service, training and selling efforts. This has stopped the cash bleeding and can now focus on developing market. With even a small broad market lift, this should punch through resistance at $4 and quickly go to 4.75. Probably right after earnings and the conference call. Let's see, 3.00 to 4.75 that's greater than a 50% move in 1 month.

 
NXTM
13.35-0.38(-2.77%)Jul 31 3:59 PMEDT

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