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Brotank77
Jan 3, 2018 2:29 PM

Oversold Long

eHealth, Inc.NASDAQ

Description

EHTH is popping up as oversold on scans which should attract the traders who trade the oversold stocks. RSI is 18 way under the oversold 30 mark. The elders foce index is trending up except for the hiccup yesterday. The down day did bounce off the Bollinger band, contributing to the tail of the candle. Also, although you should not buy a stock based on its price target, I think it is worth considering. ITs target is $27 which if achieved will offer a 64% return.
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