BFLY Finding New Support Level
Butterfly Network Inc. 
BFLY
Current Price $13.27 Price Target $20
BFLY 10c 10/15 ($390,4% till breakeven)
BFLY has created a handheld ultrasound which can be sold for as low as $2,000 cutting the average price by 90%. This company is young but it is less speculative than most early-stage disruptive companies as BFLY is already selling its product. Given their low barrier to entry and existing product they expect to grow revenue at over 60% for the next four years. This is a long-term hold and you have to believe in the product and the management if you are to invest. However, this pullback may be the best valuation to capture this company's future growth, which is less of an if and more of a when.Butterfly Networks is confirming a new trading range with support at $12.80 which I do expect to hold.
BFLYCurrent Price $13.27 Price Target $20
BFLY 10c 10/15 ($390,4% till breakeven)
BFLY has created a handheld ultrasound which can be sold for as low as $2,000 cutting the average price by 90%. This company is young but it is less speculative than most early-stage disruptive companies as BFLY is already selling its product. Given their low barrier to entry and existing product they expect to grow revenue at over 60% for the next four years. This is a long-term hold and you have to believe in the product and the management if you are to invest. However, this pullback may be the best valuation to capture this company's future growth, which is less of an if and more of a when.Butterfly Networks is confirming a new trading range with support at $12.80 which I do expect to hold.
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