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...
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
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...
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So without further due. Keep it...
What I see...
+ Prices consolidated within channel, moving sideway range bounded for the past 2 weeks
+ Bullish break-out signal with a gap-up and strong volume on Friday
+ Price is near 52w high
+ Prices stayed strong during Feb. and March period; an indication of a very strong performing stock during the Bear market
- Latest bar showed up upper...
MOH (Biotech stock) has been consolidating tightly at ATH. There is clear R/S in this name despite the recent market weakness. On the 65m chart, MOH cleared the HVN above 172 and looks primed for continuation next week. Went long at the HVN break and above the intraday higher high.
Entry - 172.96
Stop Loss - 165
Target - 200
I will continue to update this...
Next week NYSE:MOH host their investor day on Thursday 30/5 and it comes on the back of good earnings. Sentiment has certainly changed on the stock as we can see from the Volume profile which is a mass of green and increasing slightly on volume, which is very encouraging. The stock is at a critical point stuck between resistance and lower trendline while also...