Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a ~14 month cup with handle pattern
* It did break out before but then pulled back (seems like a shakeout)
* Now it's been in a tight range just above the broken resistance creating new support
* The last session printed a pocket pivot indicating institutional buying
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 5.55
Relative Strength vs. SP500: 28.95
U/D Ratio: 1.77
Base Depth: 43.95%
Distance from breakout buy point: 1.09%
Volume -5.44% below its 15 day avg.
Trade Idea:
* You can enter now as the price is just above the broken resistance with the last session being a pocket pivot
* If you want a better entry you can look for one around the 270.1 area
* This stock usually has local tops when the price closes around 9.18% above its 50 EMA
* Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a ~14 month cup with handle pattern
* It did break out before but then pulled back (seems like a shakeout)
* Now it's been in a tight range just above the broken resistance creating new support
* The last session printed a pocket pivot indicating institutional buying
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 5.55
Relative Strength vs. SP500: 28.95
U/D Ratio: 1.77
Base Depth: 43.95%
Distance from breakout buy point: 1.09%
Volume -5.44% below its 15 day avg.
Trade Idea:
* You can enter now as the price is just above the broken resistance with the last session being a pocket pivot
* If you want a better entry you can look for one around the 270.1 area
* This stock usually has local tops when the price closes around 9.18% above its 50 EMA
* Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.