TradingView
lauralea
Jan 14, 2021 8:04 PM

Cup and Handle Long

Description

With a yearly low of 15.15, this one has made quite a run already, so the short interest is a bit over 9%..

I stumbled across this one and think future growth is there. Being in the healthcare proffession most of my life, I am drawn to HC stocks, so take that in to account..lol

NV is high as well as OBV and a flag is forming over the handle..This one is still not to positive EPS yet as it is relatively new to the market, so I am guessing if the mkt takes a turn, stocks like this may be the first to go down.
Not to long entry level as of today..

Just an observation and by no means a recommendation

1Life Healthcare, Inc. operates a membership-based primary care platform. The company has developed a healthcare membership model based on direct consumer enrollment, as well as employer sponsorship. Its membership model includes seamless access to digital health services paired with inviting in-office care routinely covered under health insurance programs. The company also offers administrative and managerial services pursuant to contracts with physician-owned professional corporations or One Medical Entities. As of December 31, 2019, it had approximately 422,000 members in nine markets in the United States; and 7,000 enterprise clients. The company was incorporated in 2002 and is headquartered in San Francisco, California.
Comments
Grafikgurl
Nice break out of the handle today. Where would you put a stop loss if it came back down?
lauralea
@Grafikgurl, below the handle low which is also point C on the flag
Grafikgurl
@lauralea, Thanks!
More