HealthEquity to Acquire WageWorks Accelerating Market-Wide TransHQY,WAGE: HealthEquity, Inc.
2019-06-27 07:00:00
HealthEquity to Acquire WageWorks Accelerating Market-Wide Transition to HSAs - GlobeNewswire
HQY trade ideas
Next on our radar - waiting to enter @ $84.10Waiting for the handle to complete. The high just prior to the handle shakeout is $84. Once it breaks thu that, we're going in full position as long as volume heats up, else, we'll go long with 1/2 position
$HQY entry off the 55 EMA 4h ..I figure this cant go too wrong going off the 55 EMA and given the bullish directional bias on a 1d Im good to go.. Price could retrace to the 200 EMA but it seems to be holding support off the 55 EMA. If I was margin trading I wouldn't do it but happy to enter here with usable capital. Not financial advice.
Breakout with large volumeBreakout (cup base enter point 55.31) with large volume.
Short term target: 56.84 -> 58
Stop-loss: 55.31
HQY forming a base and looks constructive hereHQY looks constructive here in a base. Would be interesting if it can get above $47-$48 strongly.
HQY - Head & shoulder formation short from £41.29 to $32.13HQY made a nice little Head & shoulder pattern here. Now it seems breaking off the right shoulder. We think it will decline from here.
The decline also supported by the Big insider selling in the multiple millions, multiple execs.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
HQY could reach 35+ on positive newsWave 3= 1.616 of trend 1...with positive news, HQY could reach at least 35/ share, or the 1.618 of trend 3
HQY clears pivot from breakaway gap upWhen HQY gapped up on 6/22 we discussed an additional pivot being at the high of the gap up day at 32.83. It broke above that pivot the following day and continued its move on heavy volume today, closing at the top of the daily trading range. Bulls will now want to see HQY hold the low of the gap up at 31.90.
HQY appeared today as one of the top % gainers on heavy volume from ChartYourTrade.com's Universe List. View the other strong % gainers on heavy volume here: chartyourtrade.com
HQY breakaway gap creates new entry pointHQY definitively broke away from its +7 month consolidation today with a breakaway gap into all time highs. Longs will want to see HQY hold today’s low of 31.90. If HQY can break above today’s high of 32.83 that would trigger a secondary entry point and would be played vs today’s low.
HQY first appeared on the Top 10 Setups in Bases on 3/28 and was ranked 6th with a Stock Evaluation Guide Score of 9.05. It last on the Ready List on 5/30 when it pulled back to the 10wk line.
