AMN Healthcare Services, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# AMN Healthcare Services, Inc.
- Entry Bias 1 & Entry Bias 2 | Multiple Pattern Mark Up
- Triangle Structure | Rectangle Subdivision | Downtrend Continuation
- Pennant Structure | Awaiting Target
- 12345 | Support=0 & Wave 3&4 | Failed Target
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
AMN trade ideas
AMN Short opportunityDecent ROI on this one, having fallen below it's 200 day moving average a cross under my signal line here provides a nice setup for a target around the $52 mark.
AMN: Bullish Divergence at the 0.786 RetraceAMN after the Bearish breakdown of the 3 Falling Peaks seems to be trying to form a bottom around the 0.786 Retrace with Bullish Divergence on the MACD and RSI. I am uncertain if it will result in the stock making a significantly higher high, but I do think it could at least come back up to test the resistance that sits at around the $70 area esepcially if the IWM and Small Cap Indexes continue to rally.
Ready for a long term investmentAMN is at an attractive price with a strong business model and a fairly valuation from the fundamental side.
Historically cheap valuation
Positive RSI divergence
Support zone between 80-84$
RSI MA Crossover
It could be recommended to wait for the RSI trendline breakout.
7/4/22 AMNAMN Healthcare Services Inc. ( NYSE:AMN )
Sector: Commercial Services (Personnel Services)
Market Capitalization: $5.130B
Current Price: $114.73
Breakout price: $115.20
Buy Zone (Top/Bottom Range): $113.95-$108.40
Price Target: $120.90-$123.70
Estimated Duration to Target: 38-40d
Contract of Interest: $AMN 8/19/22 110c
Trade price as of publish date: $10.80/contract
AMN Bearish game plan PT $94/$88/$82Please take a look at the chart (ignore the letters on the waives they are just randomly placed and are irrelevant in this idea) .
As you can see AMN was moving in the ascending channel for the past two years , never broke the bottom of the channel ,always bounced back from it for the past couple of years before recent.
As you can see from the chart AMN moved to the down side broke the 2 year support (simple channel line) test it one time , got rejected, tested second time and got rejected as well (last few days)
it is currently "dancing" on $100 (50ma on the daily) support line , so if it is going to pass the $100 level (which is also a psychological level as well - $100,50MA.....) then we can possibly see AMN testing $94 area , if it bounce back from $94 and close above $108 then we can see AMN continue to move to North East direction ,if $94 support line gets penetrated to the downside and AMN close below it then there is a possibility for AMN to find another support at around $88 level, if it is not going to hold then $82 level will be the next stop.Also look at the FIB levels and mentioned above price levels.
It is looks to me that for the past couple of month AMN has been in the distribution phase and now reached the point of being on the doorsteps of massive sell off (take in to consideration current market condition as well).But how it is going to play out we are going to find out with in few days.
I am holding $105 and $100 PUT contracts MARCH 18 22 .
$AMN Healthcare (Nurse Staffing)TA is a mess on this one.... but....
Temporary Nurse Staffing Company with over 10,000 Healthcare Workers working at nations leading hospitals; Kaiser, Prov/ St Joes, and more.
Hospitals paying all time high hourly rates to this staffing firm with hospitals filled to the brim ($$ subsidized by govt at the moment); no shortage of business in sight either. Momentum in the right direct. Revenue collected on "sales/placements" is not recorded until 60-90 days after the work at the job site is completed. $AMN should have YoY increases in Revenue & Margins over the entire 2021 year. Best FA play out there. Very under-covered and misunderstood by analysist looking at 2020 numbers as spring staffing needs were actually low... who woulda thought?? Its compilated as to why had to do with reallocation of staff and i could write 10 pages on why.... but anyhow.
Still trading less than pre-pandemic and q4 2020-q2 2021 will provide a massive surprise finally.
$AMN can rise in the next daysContextual immersion trading strategy idea.
AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to hospitals and healthcare facilities.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $51,94;
stop-loss — $48,96.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
10/1/2018 - Self Improvement - AMNI've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments.
I sold AMN short on 9/26. AMN looks like it has crossed the 200dayMA and is going to be on a long term bear trend. It broke out of a consolidation period around SEP 2017 and went on a massive rise and hit a high around APR 2018. After the high it was dropped on a catalyst news and has been rolling sideways letting the 200MA catch up and eventually pass it. I believe it is in a stage 4 decline and will continue to do so for quite a while.
AMN: Healthcare Back In Vogue ?AMN has consolidated since Sep 2015 as the high flying techs and high beta stocks were running out of the gates.
The market risk has evaluated since then and defensive sectors like healthcare should be slowly inching its way back into vogue.
Look for an entry at current levels with SL at recent key support @ $34.71.
A break below key support implies that the triangle (Wave e) still has some room to go before completion.
AMN - Flag formation Long from $42.13 to $44.73 & higher AMN forming a flag formation after having a nice run from a bump & run type of formation.Very good Long opportunity at the break of the flag.
* Trade Criteria *
Date first found- March 2, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $42.13
Exit Target Criteria- $44.73
Stop Loss Criteria- $40.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trendline/SR for AMNFor those that believe in Trend lines, this could be an interesting one. A former IBD beauty queen is back down to support(??) here. Could be worth a shot long with fairly tight stop below $28 for a decent risk/reward trade. Btw, first TradingView idea, so I may need to modify this if the chart doesn't come through correctly (Weekly only).
