On request, a short analysis for EPIS B. Basically the share is in a healthy upward trend for a long time - see increasing support. In the snapshot, the chart shows a downward movement that should end soon if the rising support starts to take effect. In the long run, there is definitely an opportunity to buy. An upside breakout is more likely than a downside breakout.
Episurf submitted a very strong newsflow ahead of its capital markets day and the stock market reacted very positively to this.
Some cooling off is to be expected after such a strong move, but the stock is pulling back in a very calm manner and looking to establish support on top of previous highs from January.
Watch for reduced selling pressure above the 2 SEK line.
Episurf Medical is a Swedish medical technology company offering personalised solutions for cartilage lesions in the knee joint.
Capital Markets day will be streamed live at Redeye, Tuesday September 15, 2020 at 13:00 CEST – 16:00 CEST.
Twitter handles recommended to follow for this stock:
Episurf - corporate account
palryfors - CEO
ramlars77 - analyst
