IRTC Med Tech Device Manufacturer at Fair Value LONG
IRTC on the weekly chart shows a symmetrical triangle with compression of price into the
apex confluent with the 5 year anchored mean VWAP. I am very familiar with the product line
including often lifesaving technology such as AEDs. The company has had weak earnings reports
but price has managed to so from undervalued to fair value. I will add to my position here with
20% more. Targets of 140 and 205 are tool drawn onto the chart from pivots of the past.
Medical technology is reportedly a hot sector for 2024.
apex confluent with the 5 year anchored mean VWAP. I am very familiar with the product line
including often lifesaving technology such as AEDs. The company has had weak earnings reports
but price has managed to so from undervalued to fair value. I will add to my position here with
20% more. Targets of 140 and 205 are tool drawn onto the chart from pivots of the past.
Medical technology is reportedly a hot sector for 2024.