MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or...
MPLN has formed a large descending megaphone with touches along the bottom line the only bullish area on chart From this we can conclude once the current bear move finishes and a touch on the lower line is hit the bulls will come back briefly, against the trend This is shown in the green circles Red arrows for emphasis
MPLN will need more confirmation of the test for me to become long-term bullish. Currently 55% bullish 45% bearish