Humana bounced off the Fib resistance zone. Key support at $478.41 needs to hold in order for the trend to change direction. A close above $520.77 may indicate a new uptrend maybe on cards. Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
Humana Inc. ( NYSE:HUM ) Sector: Health Services (Managed Health Care) Market Capitalization: 64.611B Current Price: $510.54 Breakout price trigger: $515.20 Buy Zone (Top/Bottom Range): $496.45-$473.95 Price Target: $562.30-$568.90 Estimated Duration to Target: 147-156d Contract of Interest: $HUM 1/20/23 520c Trade price as of publish date: $26.20/contract
Humana Inc Short Term - We look to Sell a break of 480.38 (stop at 489.09) Short term momentum is bearish. Daily/Weekly Ichimoku Cloud resistance is seen at 488. Further downside is expected. A break of 480.00 is needed to confirm follow through negative momentum. Our profit targets will be 455.29 and 440.00 Resistance: 500.00 / 520.00 / 580.00 Support:...
If you have been invested in healthcare stocks or ETF's you may want to take profits between now and the end of October. I am keeping an eye on this chart for some good trades. It is a low volume stock with very low options volume, so be very selective with your entry time/place and your option price. Daily trading ranges can be large or small, so give extra...
The PEAD projected a Bullish outlook for $HUM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 20%.
A nice running flat detected. This is the update to the earlier idea for Humana. Linked to this idea. As a rule for entering any trade, need to get a confirmation. There are different classical entries - for zigzags, flats, just google. They are simple, but you have to be patient, even if the core structure looks complete. Don't trade expectations, any entry...
WP entry on HUM above GLB . 483.23 in Stop 478.23 PT 1 - 9.76 PT 2 - 10.43
Or a false break? Lately breakouts are often false. need to be cautious. 1. Beakouts should be supported by large volumes. 50/50 in this case 2. If it ultimately goes up, 635 is the target. Note, this is not a fin recommendation. Trade safe
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ Nothing much to say here. A Rectangle taking place at the all-time...
#HUM Breakout 🚀 in 1h Chart on above average volume All Entry Criteria have been met: 1. Price above 10, 20 & 50 EMA ✅ 2. Consolidation Phase in Uptrend ✅ 3. Breakout on above average Volume✅ @Aiten : Thank you very much for the hint :)
While the green trend line is the strongest, price has pushed itself above it and is currently within this megaphone structure I expect price to retest the bottom trend line of this structure and then move up further Bullish after a small pullback
Humana fairly rangebound for the last six months. Tested ~$470 key resistance level six times unsuccessfully. Monitor for a breakthrough and close above this level. Once this occurs we could see an overdue strong move to the $600 area by 1H of 2024. Long Term Target: $580-$615 range by 1H '24 I plan to play this using LEAP options. I'm looking at the $450 and...
The PEAD projected a Bullish outlook for $HUM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
Looking at it through the weekly, maybe 3 or 4 more week until we see some big institutional buys, judging off the macd.
Charting the SP 500 and came across this pattern!! Do your due dilligence and set your alerts!!!