LHCG: LHC Group, Inc. 2021-12-06 16:00:00 LHC Group Board of Directors authorizes $250 million share repurchase program
Was just having a look at LHC Group which provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. Seems to be trading in a bit of a channel, so if it was to push above the current resistance area, there could be a quick 8% to 10% trade in it. Pretty strong support area just below, but I'd...
Or not?? Just takes a supper bad market day like to today to send the top dwellers to bad placed..has breeched a major supprt zone.. I was in this and recognized trouble at the recent 2nd top..sold it.. It is good to know chart patterns so you know when the market is turning against you. Patterns morph and they are not always correct, but they do give me a...
LHCG - H&S and channel. Potential drop to 111.73 and target 2 of 91.23. Could consider December $120 Puts (currently $9.55). Stop signal 127.57.
Rising wedge seems to be pointing to a break down next earnings, still has room to move up in the mean time. Expected retracement at fib level, 200wma and previous breakout area with the highest volume profile. Is also trading at 2x its historical p/s and p/e ratio supporting a 50% drop.
Just a very quick tip I find useful and thought I'd share. It's a way I can keep track of my buy price on shares without having to go back and forth to my trading software to see how the price action is performing against my original purchase price.
Hi friends, we have an opportunity in stock LHCG to go long... this stock is in an uptrend channel, now after a retracement could go to the top of the channel again… Entry around 97,7 Stop at previous low 93,05 Take profit around 107, with risk reward 1:2 Good trading! Xavi.