Apr. 23 at 4:33 PM
$MEDP setting up a clean gap-fill opportunity here
Key level to watch is the ~
$400 zone — as long as price continues to hold this area, the path of least resistance looks higher, with a potential move back toward the
$480–
$500 range. We’ve seen this exact post-earnings bounce behavior before, so it’s on my radar again.
Fundamentals backed the move: Q1 EPS came in strong at
$4.28 vs ~
$3.86–
$3.94 expected, and revenue printed ~
$706M vs ~
$692–696M estimates. On top of that, full-year guidance was raised to ~
$2.78B–
$2.89B, implying solid growth.
This is one where technicals and fundamentals are aligning. If buyers defend support, momentum could build quickly. Watching for confirmation and continuation
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