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Hansen Medical: A Chart View

NEW YORK ( TheStreet) -- In the search for under $5 stocks that hold promise, here's a stock that is starting to look appealing for a trade. It's not as if it has definitely turned the corner and to buy it now is quite speculative, but the reward-to-risk is reasonably and worth a shot -- or so I have decided that is so.

The company is Hansen Medical (HNSN - Get Report), and they develop, manufacture, and market medical robotics designed for accurate positioning, manipulation, and stable control of catheters and catheter-based technologies. They have some tough competition and that is a big part of their painful looking charts, but there is a sign of a pulse finally.
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