Indicator about to breakdown, historical volume on Monday -12/24. Short. Levels in chart.
We clearly see a resistance in $96.06. You'd put a stop loss in $87.73 if the share become phase 3.
Looking for it to pull back to its previously resistance area. Careful though does come with merger risk as Uncle Carl appears to fight a losing battle to stop the merger between $CI and $ESRX.
Retorno de Capital (Greenblatt): 428.34% P/E (Greenblatt): 10 Margen de seguridad en base a descuento de flujo de Caja(Graham): 42.2%
NASDAQ:ESRX
ESRX is currently on a downtrend, with MA100 over MA50 over MA20. However, market successfully rejected 0.5 retracement from post-2008 low / 2015 high, also triggering a bullish divergence. Market may bounce or range from now on. A falling wedge could end this downtrend. Open long orders with price over MA50 or MA20 over MA50 in the $65-$70 zone (which is 2.3X...
- Very Attractive at current price, even more so at target price. To get target I used Bulkowski's H&S tops method, here if you want to see thepatternsite.com - Currently undervalued by approximately 30-50% by DCF. - P/E ratio about 42% lower than industry average and 58% less than 5 yr history. - Officially losing Anthem would probably take it to target if not...
1W: 1D 4H: Simple covered call. Call expires 7/15. With commission costs, effective purchase price is $75.26. If call is in the money, almost 3% ROR.
I've owned ESRX in the past and have enjoyed significant growth. It is now priced (based on evaluation) where I would be interested in buying again. It is a good company, financial strong, and has a strong track record. Technically, recently bearish, but still overall trending up (L.T.). Broke 68.06 support. If 65.55 is tested and holds along w/ bullish...
I ground through a large number of next week's earnings announcements, thinking I might find a nugget or two to play via options, but was somewhat disappointed. I've never played ESRX before, which announces on Tuesday after market close, probably because I'm not a fan of anything remotely pharmaceutical for these plays beyond the "uber" names like LLY and AMGN. ...
ESRX expected to open at 88.53 for a Retest Gap. To learn this strategy for free go to www.RealLifeTrading.com
ESRX- Expect opening at 81 for a Gap N Go. Learn this strategy for free at www.RealLifeTrading.com