We can clearly see and A-B-C move as a zig-zag after a nice 5 wat moves to upside, with trendline broken by a nice push to the upside along with an increase in volume gives us a great look for a first Wave move.
I like the setup here. Bounced from the vwap with volume, nice day trade for tomorrow.
As on June 2021 Wave 0 = 7.82 Wave 1 = 41.58 Wave 2 Final Support of 0.618 = 20.8 levels Wave 3 Target = (1.618 * ( Wave 1 - Wave 0 )) + Wave 2 = (1.618 * ( 41.58 - 7.82 )) + 20.81 = 54.62 + 20.81 = 75.43 Therefore , Wave 3 Target = 75.43
Add this to your watchlist and wait for bullish momentum. You can choose whatever entry excuse you like, but for the way this one is prescribed is to wait for bullish daily reversal candles (hammer, engulfing, piercing, doji.) With any red candles telling us to wait still. We are breaking the rules a little bit. You are supposed to throw away any stocks that...
The Home Medical Equipment and Supply industry saw a tremendous amount of growth in 2020 thanks to the COVID-19 pandemic. Growth was especially strong in home delivered medical supplies. Even as the pandemic gets closer to an end, there is still a lot of growth to be had in the industry. The aging population of the United States is one area that will continue to...
AHCO, im in this from before the gap up. Watching to see how it handles the gap. Would like to see sideways movement while the moving averages catch up. Will it hold up? Got me.
Entry price: 30.13 Fundamentals: Sector: Medical EPS % Chg (Last Qtr): 76% 3 Year EPS Growth Rate: 0% EPS Est % Chg (Current Yr): 0% Sales % Chg (Last Qtr): 108% 3-Year Sales Growth Rate: 75% Technicals: Hammer/Support
Hey my friends, ADAPTHEALTH CORP is in a fake downtrend with a very high volume of sales and a failed attempt by sellers. In the TIMEFRAME 1 Min rejection of sellers, it goes towards its latest low and starts rising again. Big potential to recover the losses of the last session and the one before, between strong resistance to pass. If buyers are there, which is...