#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!!!
NYSE:HUM Humana's post earnings run-up has pulled back to a 50% Retracement level and held this morning along with a volatility spike.
March 19 $375 Call --- Target $400 reversal of bearish trend short term
Took a trade on the pullback from the earnings dip and run this morning on NYSE:HUM
Breakout on high volume, support is 431.12, target: 474, SL: 414.79. PnL: 10:3
MID-TERM: Holding the 200 day MA and critical support with divergence on the 4hr and the daily. (Not financial advice)