This pattern consists of 2 shoulders that should be in the same ballpark in price but are rarely the exact same price.
The 2 shoulders should be close to the same distance from the head which is a high point between the 2 shoulders.
T1 has just about been met. Sometimes t1 is all we get.
Earnings 10-24 BMO.
No recommendation
HCA Healthcare, Inc., through its...
Looking at global macro, utilities, treasuries, rates, inflation, etc. - a credit event seems to be right around the corner.
All over the charts, I'm seeing price structures like we are currently seeing on HCA.
Highly distributive patterns/price structures.
Such as S&P and NQ looking like a massive bearish bat pattern for the last 2 years xD
The behavior of...
This is usually a market leader! When market leaders trigger bearish patterns, you need to be cautious.
Not an all out short but with bearish consolidation under the neckline it's worth taking a stab.
As long as rejection occurs at the neckline this could see like downside.
The PEAD projected a bullish outlook for NYSE:HCA after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 55.56%.
Entry: with price above 294.02
Volume: with volume greater than 4.08M
Target: 313.20 area
Stop: Depending on your risk tolerance; Based on an entry of 294.03, 287.64 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while...
AMEX:SPY - was stuck in the +/- 1 range around the high volume node at 412 until it made a sharp dive in the after hours trading. The drop could likely be due to the aftermath of FRC reporting a drop in deposits after the crisis by 100 Billion, which spread fear of contagion to other regions. If SPY rejects the 412 area early on and breaks 410 support, expect...
The PEAD projected a Bullish outlook for $HCA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 42.86%.
A megaphone structure
Price has touched the upper line, and is consolidating within this upper region
The strong double bottom that was seen in green oval allows price to form a support above the middle in this upper region.
I have shown potential price movement with a double curve.
The PEAD projected a Bullish outlook for $HCA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 42.86%.
The PEAD projected a Bullish outlook for $HCA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 42.86%.
I am aware of this corp lol
Just randomly looked at chart
Not a distressed buy
But nice 50% retrace and geometry
Bull af imho
NOT TARDING ADVICE
GRI2022
The PEAD projected a Bullish outlook for $HCA after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 57.14%.
HCA $HCA High-risk Initial Long. SL and TP on chart. Move SL on TP. At TP2, trail with offset 1.5ATR and 0.5 offset.
Backtest: 71% hit rate @ TP1 since 2011.
Using Fib Circles an area can be seen where all plotted circles coalesce upon one point
Since then price has recovered back to the main Trend line , which is intact
Given that we are coming out of pandemic now and the pressure on hospitals is going to reduce is it worth picking up hospital operator for a potential 30% upside?
Fundamental indicators:
Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years. However, increasing wages are eating into the profits
Profit margin - low...
Looking for an oversold bounce to $225 range. Long 1500 shares $211 average. Will add 250 shares every $2 drop as this could see $190 range. If stocks breaches $200 I will begin buying calls. As I'm not confident the bottom is in, I would prefer to be long common shares for now.
