Elevance Health NYSE:ELV - Long term positioning Positive earnings are causing a pump in price but be careful here though. Earnings positive since April 2020, why the pump? If i was entering a long term position here i would be waiting for the bottom of the parallel channel and RSI resistance line or at least harboring some cash on the side and splitting my...
Big investors seem interested in Philips, and that’s been happening for a while now. For various legal vicissitudes the Stock has had to suffer a pressure from part of some types of investor and for last the collapse happened some days before. However, the trend towards short-term reductions by institutional investors and professional investors has not been...
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Psychedelic sector is starting to heat up once again A few micro-caps are leading the way by pushing towards previous ATH's & surging in volume: TRIP, CYBN, HOLL, MYCO MMED is reaching the end of its consolation box. We have 2 scenarios: - break down from the multi-month trend line - set daily lower lows - enter a new bearish cycle - break upper resistance at...
BUY POSITION FOR BREAKOUT POSSIBLE AT UPTREND AND SHORTER DOWNTREND CROSS
It found support at both 50SMA and trendline. It is time to swing up. It just need more volume to be attractive. 12 months Consensus Price Target: $17.88 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge.
It break out the pivot. Both the volume and RSI are weak. possible pull back to $92