Elevance Health (
ELV) is pushing higher along a rising trendline and is now testing a critical resistance zone around $340.67. A breakout above this level would signal a bullish reversal, with upside potential toward $402 (~18% move).
Entry trigger: Breakout above $340.67 with confirmation.
Profit target: $402.23 (major resistance / measured target).
Stop-loss: Slightly below $340.67 (the breakout line).
The structure shows momentum shifting to buyers. A confirmed breakout above $340.67 could trigger continuation strength toward $402.
Trading Plan: Wait for breakout confirmation. Target $402 while protecting downside with a stop just under $340.
ELV) is pushing higher along a rising trendline and is now testing a critical resistance zone around $340.67. A breakout above this level would signal a bullish reversal, with upside potential toward $402 (~18% move).Entry trigger: Breakout above $340.67 with confirmation.
Profit target: $402.23 (major resistance / measured target).
Stop-loss: Slightly below $340.67 (the breakout line).
The structure shows momentum shifting to buyers. A confirmed breakout above $340.67 could trigger continuation strength toward $402.
Trading Plan: Wait for breakout confirmation. Target $402 while protecting downside with a stop just under $340.
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.
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.