ValerianK

Bottom in for Humana? If so, that's a nice dip!

Long
BATS:HUM   Humana Inc.
Humana Inc. (HUM) recently experienced a significant drop of about 40%, landing on a 10-year support line. Is this the end of the decline for Humana? If so, this could present a very good buying opportunity.

- The RCI 3 line indicator shows a triple bottom.

- The RSI was oversold, reaching around 18, and has crossed above the moving average.

- The chart displays a rare buying signal, last seen in May 2019.

If the price recovers, a profit of 50% is possible. What do you think?

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