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$Sensus Healthcare (SRTS.US)$ WorkSheet homework to map att...
WorkSheet homework to map attributes
Recent earnings ( yes) , Breakout ( yes) , Catalyst ( yes), Good company ( yes), Valid float <100million ( yes), Dolla break ( yes) , Near 52 week high ( yes),Hot sector ( No)
Swing score : 8.9/10 ( Steallar)
Sensus Healthcare Inc. (SRTS) shows significant potential in the stock market, as reflected by its high worksheet score of 8.9. The company recently reported strong earnings and has seen positive sentiment due to significant business agreements, like those with Platinum Dermatology, which reinforce its growth prospects. The relatively low float and recent breakout above consolidated support levels add strength to its swing trading potential. SRTS is currently trading near its 52-week high, which suggests a continued upward trend. Although part of a less favorable sector, its financial health and market sentiment Greate ample trading opportunities. This combination of earnings and market action makes SRTS a viable company for potential investors wishing to capitalize on this upward trend.
Risk Level: 4 (Moderate)
SRTS presents a moderate level of risk for traders, largely due to its volatile nature and current position near the 52-week high, which suggests a higher potential for price corrections. However, its sound financial foundation, evident from the profitability and robust cash flows, provides a cushion against abrupt price swings. The company's improved market sentiment and its stable operational performance contribute to reducing overall trading risks. The low stock float encourages potential price surges due to limited supply, although this also enhances volatility. Investors should weigh these factors, as the upside potential is balanced by market volatility.
SRTS presents a moderate level of risk for traders, largely due to its volatile nature and current position near the 52-week high, which suggests a higher potential for price corrections. However, its sound financial foundation, evident from the profitability and robust cash flows, provides a cushion against abrupt price swings. The company's improved market sentiment and its stable operational performance contribute to reducing overall trading risks. The low stock float encourages potential price surges due to limited supply, although this also enhances volatility. Investors should weigh these factors, as the upside potential is balanced by market volatility.
Levels
Support Level: $7.00, identified from recent price consolidations and confirmed through technical analysis. This level has shown repeated support during pullbacks.
Resistance Level: $8.69 (52-week high). The recent trading data indicates increased seller presence as this level approaches, so it's crucial to break this barrier for continued upward movement.
Support Level: $7.00, identified from recent price consolidations and confirmed through technical analysis. This level has shown repeated support during pullbacks.
Resistance Level: $8.69 (52-week high). The recent trading data indicates increased seller presence as this level approaches, so it's crucial to break this barrier for continued upward movement.
Trading Strategy
Given the strong score of 8.9, SRTS presents a compelling trading opportunity. If I had $10,000 to trade, I would allocate approximately 23.35% into taking a long position with an entry price of $8.75. The strategy aims to capitalize on an anticipated breakout, setting an exit price at $12.94 to leverage anticipated upward momentum effectively. A stop-loss at $7.591 offers a calculated risk/reward ratio of 1:3.61, indicating higher potential returns against the risk of downturns. The approach balances optimism from current growth indicators with the preservation of capital amidst market uncertainties.
Position Size: 266 shares
Entry Price: $8.75
Exit Price: $12.94
Stop Price: $7.591
Risk/Reward Ratio: 1:3.61
Position Size: 266 shares
Entry Price: $8.75
Exit Price: $12.94
Stop Price: $7.591
Risk/Reward Ratio: 1:3.61
Conclusion
Our analysis shows Sensus Healthcare Inc. as a promising investment with favorable trading conditions, robust financial indicators, earnings growth, and market sentiment that supports continued price increases. Traders should consider a long position to make the most of potential upward trends. Risks are mitigated by sound financials and key technical levels, making this investment worthy of attention. Those seeking diverse opportunities should look into this stock.
Final Verdict: Trade
Sensus Healthcare Inc. presents a viable trading opportunity with its encouraging financials and market position. The current conditions point towards favorable trading dynamics, and capturing the momentum through a committed strategy benefits the potential high return on investment.
Our analysis shows Sensus Healthcare Inc. as a promising investment with favorable trading conditions, robust financial indicators, earnings growth, and market sentiment that supports continued price increases. Traders should consider a long position to make the most of potential upward trends. Risks are mitigated by sound financials and key technical levels, making this investment worthy of attention. Those seeking diverse opportunities should look into this stock.
Final Verdict: Trade
Sensus Healthcare Inc. presents a viable trading opportunity with its encouraging financials and market position. The current conditions point towards favorable trading dynamics, and capturing the momentum through a committed strategy benefits the potential high return on investment.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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#unprofitable part time trader trying to make breakeven money aiming for consistent 5- 💯% or more.
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