Amedisys has more room to run

NASDAQ:AMED   Amedisys Inc
Amedisys provides home health, and hospice and personal care services. The market Amedisys serves is expected to grow in the future. The company's earnings growth has averaged 46.3% over the past three years, while the industry has seen its bottom line increase at a far lesser rate of 3.2%. With the macro environment proving favorable for Amedisys , this trend is expected to sustain ahead.

Price is near all time highs, building a nice and narrow pattern. Price is above all key moving averages.

Trade and Risk management:
Break out of triangle will trigger an Entry Long around $54.30. Stop will be below $48.50 and respective target at $65


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