On one of the market's worst days, $PINC traded off the lows and actually closed slightly higher on the day. Looking at the strong support at $28, we believe $PINC is a smart play during these turbulent times.
$PINC is also incredibly cheap trading at just 10x this year's earnings and a low PEG of just 0.44.
Premier, Inc., together with its subsidiaries,...
PINC seems forming a H&S formation. It is breaking down nicely and Twiggs money flow following it nicely. It seems a very good opportunity however be aware of the risk as Earnings After market Monday.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- H&S formation
Entry Criteria- Possible short here
Exit Criteria- $27.57
Stop Loss Criteria-...