Molina Healthcare, Inc. is a managed care company headquartered in Long Beach, California, United States. The company provides health insurance to individuals through government programs such as Medicaid and Medicare. High risk, but very healthy price action with $385 as a pivot.
Fundamentals : Not the best and not the strongest of my screens, but relatively ok. Technicals : The only reason why I am taking this trade is because of the cup-with-handle pattern. I am letting that guide me for now despite the not-so-good fundamentals. The trend is up... Only risking a tiny 0.1%...
Neutral until broken with a trend in that direction. The resistance/red or support line/green must be broken. Orange type are targets for a beak to the downside and T1 in larger that T2 etc. Green type are targets to the upside. No recommendation. Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the...
A price action above 296.00 supports a bullish trend direction. Increase long exposure for a break above 306.00, which is also its 50% Fibonacci retracement level. The target price is set at 317.00. The stop-loss price is set at 288.00 (support trendline). Like the higher highs and higher lows.
Looking for a break of 272.83, would consider a potential stop of 278.53, potential first target of 230.53. Strong insider selling and Risk Reward Ratio of roughly 7.5
But price was in a rising wedge. Seems as if earnings will often break a rising wedge whether the company beats or misses the numbers. Both trendlines slope up in this pattern and converge at the apex. Rising wedges cause too much supply. There are more rising wedges well below price in this chart. No recommendation. W pattern that was almost to the 1.272 when...
Comment: MOLINA HEALTHCARE INC broke the resistance 361.46 level from August 2022. Ichimoku Trend Analysis ( AFOBAY STRATEGY): - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: 411.78 level is also a monthly pivot point .
This triangle looked as if it would break to the downside. Now price is back inside the structure but a confirmed downtrend was never established. This is an example of why it is important to wait for a confirmed downtrend or a confirmed uptrend after the break of a pattern. Volume declining but this is not unusual in a triangle or a flag pattern. I do think...
Price is still well above the .382 and also above the .236 of the long trend up. Looking a bit toppy. W pattern that has possibly terminated at the 1.113. Valley 2 is lower than valley 1. Looks and smells like a Bearish Shark. (I have never smelled a shark but you know what I mean) Be safe/No recommendation. I have not seen much of anything in this market...
The PEAD projected a Bullish outlook for $MOH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 40%.
Expanding Wedge idea showing some bull activity above a medium dotted trend line This expanded wedge can be accompanied by a inverted H&S pattern This H&S pattern is yet to form its right shoulder Bullish results?
Alert set for 293 - hoping to catch the right shoulder and then go long.
Today I will trade short this stock at opening; as you can see from the chart, if there won't be a gap up at the opening bell, it's possible that the price will reach the support trend line. In case it will reach the resistance red line, I will close the position.
And we all know how earnings go. MOH could beat earnings and fall, miss earnings and fall, or vice versa. Oversold on daily rsi.. MOH fell from a bearish rising wedge and is hopefully recovering. I have been watching that wedge for a while waiting on price to fall out..Rising wedges can be a long term pattern, yet a terminal one in the end. There are lots of...
I bought in and out when this was in the teens. Three words: Managed Health-Care Wait is that three or two? Eh. Not thinking this ride will last indefinitely... It ain't Microsoft or Apple... But "Right Time Right Place" Get on board. Just stay in tune.
This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 45 similar cases, and 40 were successful. Based on this data, the odds of success are 89%. Current price $212.10 is above $193.02 the highest resistance line found by Tickeron A.I. Throughout the month of 10/01/20 - 11/02/20, the price experienced...
MOH MOLINA HEALTHCARE Setup on DAILY. Bottom of current regression downtrend. Just off the 618 support Stoch, macd, ttm squeeze & momentum setup ENTRY = 618@160 - 166 1st Target 786@176 2nd Target = 196 Information is in the chart. This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading...
What I see... + Rising Sun Canndle patten + Closed above both the 10 and 50MA + NR3 bar + RSI pointing uprward - Didn't like the upper shadows - MACD is below the signal line How I setup... + Long entry above today's high - Stop under todays low + Target at 196 :: Duration 3 to 6 sessions