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Community Health Systems, Inc.Community Health Systems, Inc.Community Health Systems, Inc.

Community Health Systems, Inc.

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CYH trade ideas

🚀📈The 3 Secrets To The Rocket Booster Strategy📈The problem with analysts on this stock is that they are giving neutral ratings, they are not picking a position this is not a safe way to inform investors -- Because how can they invest in an environment where they have no clue on what to do -- This is why I am using the rocket booster strategy which comprises of 3 steps -- -The price has to be above the 50 MA -The 50 MA Should cross above the 200 MA -The 200 MA should be below the 50 MA -- These 3 steps are the key to the rocket booster strategy to learn more rocket boost this content -- Disclaimer: This is not financial advice please do your research before you buy or sell anything
NYSE:CYHLong
by lubosi
CYH : A breakout potential to watch as markets waver**S&P 500 and Market Behavior:** We've been tracking the S&P's journey, and it's been quite the ride. After shorting the S&P at yesterday's close by snagging some SDS (an inverse ETF), I cashed out this morning when we dropped to that first key support level. I don't feel trouble is over however It's all about that classic trading mantra: buy support, sell resistance. As I'm sharing these insights, the market is still buzzing, but what's crucial is how the S&P will fare by the end of the day. Will we break through to new heights, or will we falter? That's the million-dollar question. **A Stock to Watch: CYH** (disclosure : I already hold a long position in this at the time of publishing this) Now, let's talk about CYH, the stock that's been playing hard to get but finally gave us a wink. Here's why I'm long on CYH: 1. **The Weekly Chart** – A beautiful double bottom is taking shape, with a higher low a year apart. That's textbook bullish behavior right there. 3. **The Daily Chart** – This is where things get a little more interesting. We've got a downward channel that's been begging for a bullish reversal. 4. **The 200-Day Moving Average** – CYH just strutted right past it, and while it's early days and the market hasn't closed, I've taken a speculative position. It's a small stake for now, but if the S&P shows us some bullish muscle, I might just cozy up with a few more shares. **The Strategy:** I've got a tight stop loss in place, just below my entry point. It's all about risk management, folks. If the market gives us the green light, I'll be ready to beef up my position, however for now I'm just taking some small nibbles in both my longs and shorts. I hope this little sneak peek into my trading thought process gives you some food for thought. Stay sharp, stay savvy, and as always, happy trading!
NYSE:CYHLong
by AcornWealthCorp
CYH: Ascending Triangle, awaiting confirmation (59%)Ascending Triangle, awaiting confirmation (59%) Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA RS above 0 and ascending R/R ratio above 9 ATR ascending 250RSI above 50 Target: PT = 17.53$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do you own Due dilligence. This is not financial advice. Stay Humble, have fun, make money! Education: www.dailyfx.com
NYSE:CYHLong
by LeLaf
2
CYH BreakoutThis is a good looking chart: 1. Trend line was tested and held 6x 2. 3 prior candles showed strength, made higher lows with long wicks to close much higher 3. Price closed above resistance (white line) 4. Price tested the .382 fibonacci level and closed right under it (new resistance) 5. 9EMA is x 50 SMA 6. MACD crossing 7. Relatively close to POC (Nov-Present) 8. Price broke the descending trend line. I think this one is going back to its recent high of $11.45
NYSE:CYHLong
by Master_of_Fine_Charts
Community Health Systems Overvalued Those who have been following Community Health Systems since the firm's stock tumbled in October 2016 following the $7.6B merger with HMA may be wondering if the hospital giant has found its footing after three consecutive quarters of being EPS positive, rallying stock prices to a 52-week high record of $11.04/share. Today, I am here to tell you that this stock is very much overpriced compared to the firm's current market value. Highlights (Quarter by Quarter Fundamental Analysis) Short-term assets such as Cash and Cash equivalence have increased again by 17% to 1.8B, while receivables and inventory have decreased, signaling that Community Health Systems could be improving their asset turnover or we will see a decrease in net income next quarter. Total assets have slightly increased while debts have slightly decreased resulting in a 2% decrease in debt-to-assets, however, the firm has continued the trend of financing assets with more debt with a 5% increase in debt-to-equity from 28.1% to 29.5%. CYH also maintains an enterprise value far greater than their market cap value. CYH has continued the trend of cutting SGA expenses. Although we see a reduction in FCF, it remains positive. Using the DCF model, we have a fair-market-value of about $6.30/share. (One-year Chart using Technical Analysis) Upon reviewing the charts, we will most likely see a decline in the stock's price. The RSI and MACD are bearish while the price is testing the 20 EMA. Analyzing the volume, we are seeing that the bulls are starting to lose momentum. Short/put - $5.70 (low confidence) to $6.30 (high confidence)
NYSE:CYHShort
by OrangeTrader93
CYH, MACD Histogram just turned positiveThis is a Bullish indicator signaling CYH's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 41 similar cases where CYH's MACD histogram became positive, and 36 of them led to successful outcomes. Odds of Success: 88%. Current price $4.76 crossed the support line at $4.66 and is trading between $4.83 resistance and $4.66 support lines. Throughout the month of 09/01/20 - 10/02/20, the price experienced a -14% Downtrend, while the week of 09/25/20 - 10/02/20 shows a +9% Uptrend. Bullish Trend Analysis The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CYH's RSI Indicator exited the oversold zone, 23 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%. The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. Tickeron A.I. detected that in 50 of 61 cases where CYH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 82%. The 50-day Moving Average for CYH moved above the 200-day moving average on August 07, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend. Following a +5.21% 3-day Advance, the price is estimated to grow further. Considering data from situations where CYH advanced for three days, Tickeron A.I. shows that in 249 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 77%. CYH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
NYSE:CYHLong
by AlTorress