Those who have been following Community Health Systems since the firm's stock tumbled in October 2016 following the $7.6B merger with HMA may be wondering if the hospital giant has found its footing after three consecutive quarters of being EPS positive, rallying stock prices to a 52-week high record of $11.04/share. Today, I am here to tell you that this stock is...
This is a Bullish indicator signaling CYH's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 41 similar cases where CYH's MACD histogram became positive, and 36 of them led to successful outcomes. Odds of Success: 88%. Current price $4.76 crossed the support line at $4.66 and is trading...
The biotech sector is known for generating some of the most volatile names around and for good reason. When it comes to biotech and healthcare stocks, innovation is the focus.
" Healthcare penny stock Community Health Systems Inc. ( CYH ) is a healthcare company that buys and runs acute care hospitals in the US. The company operates an impressive 103 hospitals...
CYH seems forming a flag formation and trying to break out. Huge increase in the money flow, and it also has insider buying. Overall very good long setup. We are watching for a perfect entry criteria.
CYH seems a very good long setup. It had a wonderful rally since we first found it around $5.
Now it seems bouncing above the moving averages & getting ready for the second phase of run.
* Trade Criteria *
Date First Found- February 28, 2017
Pattern/Why- Fallen angel; Momentum Long
Entry Target Criteria- break above $9.83
Exit Target Criteria- 1st Target...
I'll be watching this one to see if it can hold over the 9.75 level. It had nice run on Friday and closed around the highs, will be watching for any follow through momentum in the next couple of days.
CYH was in watch list from very long time. It's looking very strong now. It has some insider buying & the pattern suggests that it is waiting for something big. We think if it can cross the moving average it can go all the way above $12
Trade Criteria
Entry Target Criteria- Break of MA20 line around $5.80
Exit Target Criteria- $12
Stop Loss Criteria- N/A
You...
CYH getting some upward momentum after a huge decline as it seems breaking out major support area. It also has significant amount of Insider buying recently. We would look for a momentum type of long at the break of 5.93 & we would also consider $7 March calls @ $0.65
You can check our detailed analysis on CYH in the trading room/ Executive summary link...
This first chart which starts my practice of determine stocks levels and my attempts to choose stocks for trading.
CYH
Now price went down under support line of 25.36. This is the lowest point of two years.
The strong short signal will be appear if next day consolidate under this line.
If so, next goal for stop will be near 21.00, than - 16.00.
If not and we...
