A tight stop for Elevance Health Required Elevance Health NYSE:ELV - Long term positioning
Positive earnings are causing a pump in price but be careful here though. Earnings positive since April 2020, why the pump? If i was entering a long term position here i would be waiting for the bottom of the parallel channel and RSI resistance line or at least harboring some cash on the side and splitting my position.
Chart Requirements
- A retest of RSI resistance line preferred
- Ideal levels outlined on chart
- If entering here, please place a tight stop loss as there is a more ideal entry lower
Healtcare
A backward stepBig investors seem interested in Philips, and that’s been happening for a while now.
For various legal vicissitudes the Stock has had to suffer a pressure from part of some types of investor and for last the collapse happened some days before.
However, the trend towards short-term reductions by institutional investors and professional investors has not been affected.
The recent collapse seems mostly due to a mass sale by private investors and traders.
That’s why I think Philips will go back exactly where he started and then continue his ascent.
VTRS - CTSThis analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
MMED - Next Move? Psychedelic sector is starting to heat up once again
A few micro-caps are leading the way by pushing towards previous ATH's & surging in volume: TRIP, CYBN, HOLL, MYCO
MMED is reaching the end of its consolation box. We have 2 scenarios:
- break down from the multi-month trend line - set daily lower lows - enter a new bearish cycle
- break upper resistance at 4.30 - push towards ATH - continue the bullish trend and lead the push for psychedelic's
Good Luck to All!
1Life Healtcare BUY POSITION FOR BREAKOUTBUY POSITION FOR BREAKOUT POSSIBLE AT UPTREND AND SHORTER DOWNTREND CROSS
TILRAY $TLRY "Swing up"It found support at both 50SMA and trendline. It is time to swing up. It just need more volume to be attractive.
12 months Consensus Price Target: $17.88
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