$MOH tight consolidation at ATH - Long@173/Target 200 - 5/1/2020

NYSE:MOH   Molina Healthcare Inc
MOH (Biotech stock) has been consolidating tightly at ATH. There is clear R/S in this name despite the recent market weakness. On the 65m chart, MOH cleared the HVN above 172 and looks primed for continuation next week. Went long at the HVN break and above the intraday higher high.

Entry - 172.96
Stop Loss - 165
Target - 200

I will continue to update this post as the trade develops.


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