MOH - Short SetupLooking for a break of 272.83, would consider a potential stop of 278.53, potential first target of 230.53. Strong insider selling and Risk Reward Ratio of roughly 7.5
MOH
New all-time highs for MOH stock predicted good continuation..Motor Oil has reached a point which is historically high. The stock has made incredible profits and the refining margins favor the continuation of this path. its dividend yield year after year is stable and increases a little.
At these levels of course it needs attention positioning . We remain hold and in any case, we buy, especially when the price drops below 10 euros...
MOH - Expanding Wedge Expanding Wedge idea showing some bull activity above a medium dotted trend line
This expanded wedge can be accompanied by a inverted H&S pattern
This H&S pattern is yet to form its right shoulder
Bullish results?
Molina trade with trend linesToday 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.
MOH, price moved above its 50-day Moving Average on November 02This 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 a +6% Uptrend, while the week of 10/26/20 - 11/02/20 shows a -3% Downtrend.
Bullish Trend Analysis
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 10-day Moving Average for MOH crossed bullishly above the 50-day moving average on October 08, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 12 of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 80%.
Following a +2.82% 3-day Advance, the price is estimated to grow further. Considering data from situations where MOH advanced for three days, in 246 of 342 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.
MOH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 187 of 261 cases where MOH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 72%.
$MOH tight consolidation at ATH - Long@173/Target 200 - 5/1/2020MOH (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 post as the trade develops.
Molina Healthcare $MOH#MolinaHealthcare has been consolidating since Sep 2018 and hit the very strong resistance. Last weak's volume is below the average so needs more strength.
MOH GOOD BUY - AT 52.00Molina Healthcare is led by a physician and Molina family members remain in leadership roles at the company.
Today, J. Mario Molina, MD (a son of the founder C. David Molina, MD), who made his start sweeping Molina Medical Clinic floors as a child, now serves as company president and CEO.
I like the stock of this company at 52 because it has been showing good Results on the income statement for the past five years and had a good looking Annual Income Statement Report for 2015 in my opinion. Also on the technical side we can see that is a stock that remains above the 20 and the 50 SMA , besides it is lower than the 200 day moving average. Besides this because it has been closing positively on the past five years I take this as a good investment if we are expecting to keep the stock at least until December.
If you want to design a tailored portfolio and want professional help, or just want to have a trading coach you can contact me at Tommyjose92@gmail.com.
Willing to serve, God Bless You All.
