kovpups

HAE. Price near support line

Long
NYSE:HAE   Haemonetics Corporation
$HAE - HAEMONETICS CORP. Engaged in blood donation activities. On the daily charts, the paper has reached a good level of support at $83. Starting from 19.06 the volume is significantly above the average, the RSI indicator came out of the oversold zone and shows a buy signal on the daily timeframe. The indicator ADX also came out of the trend-free zone. When buying at current prices, stop below 83. Target 1 - $103-105 (around EMA 100 on the day timeframe), Target 2 - $110-$112, in the downtrend area. The negative news that 2 management employees sold their securities during the last week. CFO for $2,018,326.98 and VP Dan Goldstein sold 4,456 shares.

All information in this post is my private opinion.

All ideas only for information.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.