CHF Solutions, Inc. (CHFS) Could Burn Your Portfolio. The Stock Formed Bearish Double Bottom

April 17, 2018 - By Kenneth Lin

The chart of CHF Solutions, Inc. (CHFS) shows a double bottom with $3.13 target or 3.00 % below today’s $3.23 share price. The 8 months chart pattern indicates high risk for the $13.65 million company. It was reported on Apr, 17 by Finviz.com. If the $3.13 price target is reached, the company will be worth $409,530 less. Double bottoms are rare but powerful chart patterns.

The stock increased 0.94% or $0.03 during the last trading session, reaching $3.23. About 272,338 shares traded. CHF Solutions, Inc. (NASDAQ:CHFS) has declined 91.52% since April 17, 2017 and is downtrending. It has underperformed by 103.07% the S&P500.