Hello. This chart is strictly a Technical Analysis of Teladoc (TDOC). I think currently we are in a point in TDOC's price action where we've reached a fundamental SUPPORT area if you look back to 2016. This could potentially be opportune BUY ZONE. TA is all about probability. The probability we go down is always there, just in this scenario i believe the...
Premier health seems to be flashing some hands off signals at the moment.Based on an analysis of earnings against potential growth, fair value for NASDAQ:PINC would be around $40.38, but the stock is trading 54% below that target. They are even trading below the average analyst target of $33.40. These are signs that something is weighing on the market value of...
VERO recently underwent a stock price 15:! split. Venus Concept, Inc. develops, commercializes and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies and related practice enhancement services. Its product portfolio consists of aesthetic device platforms which includes venus versa, venus legacy, venus velocity, venus...
ABBV has been in a down trend since the start of the year. With a break of the bear flag there is now only the long term trendline to save it.
W Formation formed on Afrocentric. The price broke above the neckline showing there's more demand. Before that there was a big GAP. This gap is known as a breakway away. It broke out of the down/sideways trend and into an uptrend. Hence there is a bullish tone and more buying along the way. 7>21>200 RSI>50 Bullish Target R5.93 ABOUT AfroCentric...
A small position is suggested due to our stance on Healthcare being bullish and also the R isn't quite at 2.00 as of yet.
Possible to form a double bottom here? Going down like this should have investor/trader cutting off their losses. Give your comment on this. What do you think?
Several tech & healthcare sector stocks making an early bullish run such as AMD, KLA and DXCM after a dovish Federal Reserve comments on slowing down interest rates hike. However, Fed mentioned interest rates may floating around the 5% level until they see interest rates remain low within the next quarter.
Welcome to the BasicTrading channel. My name is Philip and in todays analysis I quickly go over the situation which we currently have on UnitedHealth Group. I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities. If you enjoyed this analysis, let me know in the comment section which asset I should...
The UnitedHealth Group (UNH) has been on a strong 3 day rise since the November 15 Low which was a Higher Low within a hyper long-term Bullish Megaphone pattern, with the trend-line holding since February 22 2021. On top of that it rebounded within the 1W MA50 (red trend-line) - 1D MA200 (orange trend-line) zone, which has more or less priced all prior major...
United Health Group Short Term - We look to Buy a break of 506.00 (stop at 485.43) The primary trend remains bullish. A sequence of daily higher highs and lows has been posted. We can see no technical reason for a change of trend. Trend line support is located at 500.00. Further upside is expected. Our profit targets will be 558.58 and 580.00...
Swing trade for a healthcare provider here. Love this name through 550, potential stop below 535.
Catalent Short Term - We look to Buy at 63.84 (stop at 56.95) The primary trend remains bearish. Bespoke support is located at 63.30. Support could prove difficult to breakdown. We look for a temporary move lower. Preferred trade is to buy on dips. Our profit targets will be 82.27 and 88.00 Resistance: 82.50 / 100.00 / 120.00 Support: 63.30 / 48.00 /...
General Electric Company Short Term - We look to Buy at 72.25 (stop at 68.61) Posted a Double Bottom formation. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Support is located at 70.00 and should stem dips to this area. Dip buying offers good risk/reward. Our profit...
Humana Inc. ( NYSE:HUM ) Sector: Health Services (Managed Health Care) Market Capitalization: 64.611B Current Price: $510.54 Breakout price trigger: $515.20 Buy Zone (Top/Bottom Range): $496.45-$473.95 Price Target: $562.30-$568.90 Estimated Duration to Target: 147-156d Contract of Interest: $HUM 1/20/23 520c Trade price as of publish date: $26.20/contract
CIGNA CORPORATION Short Term - We look to Buy a break of 296.00 (stop at 288.02) Price action continues to trade around the all-time highs. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 294.50. The bias is to break to the upside. A break of resistance at 296.00 should lead to a more...
Revance Therapeutics, Inc.( NASDAQ:RVNC ) Sector: Health Technology (Pharmaceuticals: Major) Market Capitalization: $2.124B Current Price: $29.17 Breakout price: $30.00 Buy Zone (Top/Bottom Range): $27.45-$24.15 Price Target: $41.10-$42.00 Estimated Duration to Target: 132-142d Contract of Interest: $RVNC 1/20/23 30c Trade price as of publish date: $3.70/contract
ABBV is one of Warren Buffet’s holding in BRK.B. It has been respecting the weekly wma50 for a long time while holding an uptrend. I think the sentiment has been too bearish & a shortterm rebound in the general market is due in the next few days. Not trading advice.3