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6 pts

Opinion on  EDAP TMS S.A. (EDAP)     Sector: Healthcare  >  Industry: Medical Equipment & Supplies
Technical Analysis

Sep 23, 2009 12:54 AM GMT
Return Risk
+10.56% LOW
Sr. Analyst

This is a beautiful coiling type pattern. EDAP has gotten quiet the last 4 sessions or so and today it tried to rally late in the session from 4.15 to to 4.42 closing at 4.38. Volume was still lite though. If it does get a price volume surge follow through and eventually takes out the 4.85 area through 5.20 I think EDAP could fly up to 8.00 or possibly more but probably will be news related!

EDAP:  This call was made on 09/23/09 @ $4.3401
Rating:   Positive   $4.3401 (09/23/09)
Gain/Loss:   -57.37% in 979 days
Target:   $8.00 (+84.33%) in One month


Comments (2)

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buster66   62%     1 point   commented 979 days ago reply

be very carefull on EDAP,don't buy it in margin!!it might pull back under 4 dollar..
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ozipek   N/A     1 point   commented 416 days ago reply

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Olof Thomas previously rated EDAP
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