$MMS - consolidated in tight flag after breaking out higher on 22 November on earnings
Impressive stock action by Maximus. A promising long trade setup: 1- Noticeable strong relative strength to the broader market 2- Consolidating gains right above ATHs set back in September 2019 3- A resumption of the upwards trend will send the stock to new ATHs
The PEAD projected a bearish outlook for $MMS following a negative under reaction with the stock being placed in Drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
NYSE:MMS
MMS: MAXIMUS 2020-07-20 09:00:00 Maximus Awarded $13 Million OPM Contract for Retirement and Insurance Services Assistance
MMS: MAXIMUS 2018-10-09 08:00:00 MAXIMUS Signs Definitive Agreement to Acquire U.S. Federal Citizen Engagement Centers for $400 Million in Cash
MMS: MAXIMUS 2018-08-14 06:30:00 MAXIMUS Awarded North Carolina Department of Health and Human Services Contract for Medicaid Managed Care Enrollment Broker Services
MMS: maximus inc 2018-06-26 06:30:04 Detected possible contract awarded
$MMS ER miss of $0.02 w/ Revenue miss of -1.5% has dipped pretty nicely. I've purchased 3x 6/15 - $65.00 calls hoping for a rebound. $MMS is currently below the 255 day Linear Regression Line by more than 1x standard deviation (probably more like >2x stddev). Price target to sell of $62.70 or so for me. I don't want to ride it down at all on these soon-ish...
Has moved VERY far today... might have traded to a target , but this trade is almost totally based on R:R.
CHANGING MY TYPING ERROR FROM RETEST GAP TO GAP N GO. MMS expected to open at 66.00 for a Gap N Go. To learn to trade this strategy for free, go to www.RealLifeTrading.com
MMS expected to open at 66.00 for a Retest Gap. To learn to trade this strategy for free, go to www.RealLifeTrading.com
Maximus (NYSE: MMS) is a mid-cap health admin company keeping very busy implementing Obamacare and similar foreign government programs. It carries almost no debt and has a strong record of growth. The CEO, Richard A. Montoni, sounded upbeat in the most recent earnings call: "The horizon for fiscal 2015 and beyond is bright, with several large, new contracts that...