Humana Inc - 30d expiry - We look to Buy at 481.11 (stop at 468.38)
Price action continued to range between key support & resistance (480 - 515) although we expect a break of this range soon.
The primary trend remains bullish.
We look to buy dips.
We look for a temporary move lower.
Expect trading to remain mixed and volatile.
Our profit targets will be...
Hum forms a " symmetrical triangle " pattern directly above and stacks up the Cup.
Pattern "Symmetrical Triangle" will push away to $450, but here when the price has passed
a "Cup" will create additional power to go to $530 (Cup height).
Hum buy : $410-417
Hum target : $530
Stop loss : 8%
Wish you a good deal!
