CNC The July 2025 monthly close will be the lowest close on CNC since 2015. Revenues back then were abour 70% less compared to CNCs earnings earlier this month. It’s either going out of business or this is an epic buy spot.
CNC imagine CNC revenue beat tomorrow with some actual guidance. Stock would soar. Would kind of make sense given the massive selling off we’ve had going into earnings. My guess is that we’re over $30 next week. Probably $32-34. But who knows.
CNC Out of the downward channel, we broke diagonal resistance. Also, we are above the 50 SMA on the 1H chart, and could very well be above the 50 SMA on the daily by close.
CNC As the capitulation in the overall health sector XLV fades, here's what I want to see: there’s an obvious downward trend line. My first target is the lower 40s, the top of the range. The price ideally forms a higher low to test the trend line.