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nur16i
Jan 16, 2021 8:48 AM

GOCO Long

GoHealth, Inc.NASDAQ

Description

The young company, after the IPO, performed a correction and formed a reverse H&S pattern at the bottom, the neck level has already been broken and now the neck level is being retested. The target for the trade is + 35%, upon reaching the target it is necessary to watch the price behavior, since further growth is quite possible at least to the level of the historical maximum, since in this case the reverse H&S pattern is a pattern for entering a medium-term long, conditionally it can be considered the beginning of the third wave cycle. Stop trade - the stop level is displayed on the chart.
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