I believe the head and shoulders figure has been completed which will be denied if the price falls below the right shoulder (9 ), the realization implies the bullish break of the neckline at around 10.90 with a target first at 13.70 and around 17.5 after
This ticker looks to be expanding its name with recent acquisitions, but the real reason for the trade is technical in nature, with clear momentum to the upside, horizontal resistance levels being turned to support, bullish divergence on the longer time frame, technicals are setup to look for a return to previous levels off the backs of a strong Bulldiv rally from...
Technical Analysis : We broke the downtrend line and had three white soldiers to confirm the reversal of the trend, also the falling wedge shows a bullish reversal since we broke it upwards. Although on a lower timeframe MACD and RSI look bearish, we expect the price to reach our Buy Zone before the impulsive move upwards. Aroon : Aroon Up on Top and Aroon Down...
Break below 51.27. Stop signal 53.68, Target 40.67.
$HCAT Health Catalyst - Ascending Triangle Breakout. Monitor for a close today above $37 for confirmation. Near term target: $41.00 Note: This is NOT investment advice.
Price Target - $40 by End of Month
The recent Medical-Tech-SaaS IPO had some problems in their S-1 report. I expect it to sink to "below ipo level" as the problems could show up in 1-2 quaters after IPO. The problem is called "Medicity buyout" and hiding the price of acquision besides the main datasheet in S-1. Second problem is that it has very slow growth.