Oscar Health (OSCR) - Pennant Formation and Coiling
Company info:
Oscar Health provides a personalized experience for those seeking affordable healthcare. It offers incentives to its customers to stay healthy, including cash rewards. Oscar offers tailored services and a concierge care team designed to help its members find the medical care and services they need.
Technicals:
It is again forming a flag and looks poised for a breakout.
ADR is high which I like because the breakout can be explosive for the pennant.
Ideally, a strong 1st hour today can be the catalyst to propel it higher.
Will update price targets as we go along.
Goodluck!
Oscar Health provides a personalized experience for those seeking affordable healthcare. It offers incentives to its customers to stay healthy, including cash rewards. Oscar offers tailored services and a concierge care team designed to help its members find the medical care and services they need.
Technicals:
It is again forming a flag and looks poised for a breakout.
ADR is high which I like because the breakout can be explosive for the pennant.
Ideally, a strong 1st hour today can be the catalyst to propel it higher.
Will update price targets as we go along.
Goodluck!
Trade active:
Oscar had good earnings but also raised guidance.
Great news all around!
Great news all around!
Comment:
Moved my stop to 14.
Letting the rest now with stops now at 11.60