HUM trade ideas
$HUM forming 3 month #rectangle #ChartPattern #breakoutNYSE:HUM looks ready to breakout from its 3 months consolidation rectangle chart pattern. The company reported earning today and the stock seems to be heading for a breakout to ATHs.
$HUM Humana Inc Potential Breakout
Possible pennant breakout from ABCDE correction
possible entry $407
Upside Fibonacci target $440
HUM blue sky break out coming$HUM momentum is very strong, already V recovery next to the all time highs. Same fractal keeps repeating on the way up, set up for a nice breakout.
Position should be closed soon.One of our most recent open positions is $Hum #Humana
The entry signal was at $348.14.
Best performance at 7.12%
The trend is near to brake both trend lines. We would apply the stop loss at about $360, that is almost half of the big green-candle of the 16 Dec.
HUMSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
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DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
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HUM Fundamentally, it is a good stock to own. It is in line with the rest of the insurance industry in terms of pricing, with healthy debt levels and profit margins. But you also have to consider that the debate regarding M4A, or even a public option, is going to heat up once 2020 hits, really escalating if the Dems take it all. But I believe that those fears are overblown, because there are way too many people on both sides of the aisle that would be kind of squeamish on the idea.
Technically, there are signs of a potential cup and handle pattern. There is a possibility of a drop from the 290-291 Fibonacci resistance point, but it could more than break that point with a great earnings report. Plus, there has been some significant activity in calls expiring 11/8, 2 days after they release their earnings.
Long until MFI hit's about 30-40 range - Looking for input.Disclaimer: This is not investing advice. Please use your own due diligence before investing.
I am still pretty new to the technical analysis and am looking for input. It appears there is an interesting wedge here as the short-term position appears to be trading at the lower end of the Range with the MFI on a very low side. The overall trend looking back appears for a negative position. However, there might be a couple days of positive increase as the MFI rises. Exit Position is if MFI gets to around 30-45 range.
I am curious people's thoughts on this position.
Humana, nice spot Humana looking like a flag and were right at the top of it, if we can break above i'd play long for a shot str8 to the 200 day quick, if it not wait for the break down and then strong short
HUMANA HUM 10% OpptyHumana has been selling off since late 2018. Based on the daily timeframe we are now well over-extended below the moving averages and exiting oversold RSI. A recent bounce can allow for us to return to the previous structure levels, the nearest being ~270 area (9-10%).
Humana incMMHVW - Humana Inc., together with its subsidiaries, operates as a health and well-being company in the United States. Share price is $248.45 vs Future cash flow value of $527.61 Is considerably undervalued. It’s level of debt (61.4%) compared to net worth is considered high, however, Its debt is well covered by operating cash flow (34.8%, greater than 20% of total debt) which is reassuring.
