$LH with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $LH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
LH trade ideas
$LH with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $LH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
$LH with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $LH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
US Stocks - VCP setups Result of our filtering of all US stocks to find those that meet criteria outlined by M. Minervini in his books.
TP 332. Perfect stockI bought at 278. It is a perfect stock with really easy movements for trading. TP 332 in 15/20 days. Oh yes.
LH - Targeting the empty space (short)LH is undeniably weakening. It's hard to tell where it will find support, but I don't think 250 is out of the question.
Above the trendline would be a stop.
Again, I'm just posting these charts today for fun - won't necessarily be trading them due to being away.
Possible price tightening ahead of the move ....adding this to my short list ... might be tightening ahead of the move ... we will see
$LH Bull Flag SetupNice bull flag setup. Flag pullback taking place from all time highs territories. Volume pattern supports a continuation into fresh higher prices.
Laboratory Corp Of Amer (LH)- PROVIDES CLINICAL TESTING SERVICES VIA THE NATIONAL NETWORK OF 45 PRIMARY LABORATORIES
LabCorp earnings beat eps: $10.56Laboratory Corp of America (LH) reported Quarter December 2020 earnings of $10.56 per share on revenue of $4.5 billion. The consensus earnings estimate was $8.05 per share on revenue of $3.9 billion. Current p/e = 15. The company said it expects 2021 earnings of $19.00 to $23.00 per share. The current consensus earnings estimate is $19.35 per share for the year ending December 31, 2021. Laboratory Corp of America Hldgs offers testing services used by the medical profession in core testing, patient diagnosis and in the monitoring and treatment of disease. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
$LH with a bullish outlook following its earnings #BeststocksThe PEAD projected a slight bullish outlook for $LH after a positive under reaction following its earnings release placing the stock in Drift A
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Laboratory Corp. #LH target @ $ 205.82NYSE:LH
- Break of downward trend
- RSI still has room to go up
- MACD reversing
- Entry price @ $ 198.73
- Target @ $ 205.82
- Stop loss @ $ 193.82
$LH cup-n-handle formationWatch over potential break out @ 208.5-209.0
Target 1 - 218-219 with further upside to 248.
Fundamentally good company.
Would be interested in your comments.
Purple line is monthly trend line 2009 - 2020
LABORATORY CORP AMER HLDGS StrategyHello traders, LABORATORY CORP AMER HLDGS is in a bearish push, large volume of purchases these last sessions in spite of its it is still trying to go up. LABORATORY CORP AMER HLDGS is going in the direction of its previous lower grand, potential to go to the upper comfort zone to see the breakout. If the buying push continues its momentum to reach the last highest.
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LabCorp Covid-19 Diagnostics $lhLabCorp is the world’s leading healthcare diagnostics company and just celebrated its 50th-anniversary last year. The firm’s exclusive partnership with UnitedHealthcare, the largest healthcare enterprise in the world, has been crucial to LabCorp’s continued success.
Today LH is focusing its laboratory efforts on coronavirus tests, analyzing 30,000+ tests per day. This is partially offsetting its massive declines in patient testing for other purposes, which gives it a bit of a hedge. The $2 trillion aid bill (CARES Act) that was passed last will provide LabCorp with further financial stability.
LH shares have taken a sizable hit from the pandemic, but I believe that its 34% plunge since mid-February is unjustified. This stock is trading at a considerable discount with its forward P/E sitting at its lowest level in over 2 decades.
LabCorp and its coronavirus testing is a necessity to the US today and will recieve whatever capital it requires to continue operating. I think it is likely that its coronavirus testing will continue to scale with time.
Source Zacks
LH breakout potentialAs LH breaks its minor downward trendline , a long position is entered with a tight stop.
Factors leading to the decision:
Major trend is bullish
Medium-term downward trendline has been broken and retested
A recent small retracement back to the trendline AND 20ma created a higher-low which is an ideal place to put a tight stop for the trade
20 SMA was recently crossed and held, luring in MA traders
As always, use a tight-stop. If it rips up, let it run and trail stops behind.
Breakout180c closed at .85 on the ask for December. Breakout looks great, will buy in the morning as a swing
Short $LHShort $LH ... 3 new subpoena's from DOJ.
Overbought on tech side.. Pivot down to test 200 DMA. 240 is my sell target. Huge OI on puts today 5 times normal option volume. 160's are pretty cheap as well.
Short for the Short Term!Now that we know what wave a and b are as a part of the monthly wave 4 correction - I believe the price will reach $154 to conclude wave c. At $154 it is a definite buy.
As an options play-
I recommend either/or:
1) Riskier/More Reward - 10/19/18 $165 P (1200% play)
2) Safer - 11/16/18 $165 P (200-190% play)
