The PEAD is projecting a neutral outlook we a bit of bullish sentiment for $EHTH . the price is trading above the Median line.
$EHTH dropped $9 after hours from 82.02 to 73.01. It broke out of this wedge downwards and could possibly gap back down to the $61 range. Let me know what you guys think.
downtrend breakout rejected, and trading at the downtrend level since then. ER as a catalyst may send EHTH to break out or gap down again, wait for ER price action and the new trend may continue for several days.
EHTH has entered a considerable gap in the chart, which may aid its recovery, $112 is the gap fill target but resistance also sits at $96.50 & $103.75. RSI is now at 75 so some consolidation may be required to work off the overbought conditions. volume is also declining despite price rising. So be ware of the bearish divergences that exist.
EHTH had a large decline after last Earnings Report. They are growing their Customer's at a AMAZING pace, Company is starting to show profits, but why then the drop? High Churn (for those that don't know what Churn is, Imagine 100 People sign up for your service, but next month only 45 of those new customers stayed. This is Churn, its Great that your growing 100...
Looking for a long above the 50ma , possible entry above $81 Upside target to major pivot $90.00
Falling wedges can be bullish especially at the bottom. I have also found out the hard way, that the bottom is not always the bottom! Volatile stock for sure I am watching for now
Still expensive with a P/E of 31.27 Forward P/E 15.66 Quick Ratio is good at 8.3 Debt/Eq 0.00 EPS This Y -7.5% Sales Q/Q 54.70 Gross Margin 99.3% Oper Margin 14.4% Div - 0%
Entry price - 111.17 TP1 - 113.84 +2.39% TP2 - 116.43 +4.73% TP3 - 117.88 +6.04% SL - 108.83 -2.11%
BUY ONLY ABOVE 136.25 TARGET 139.25 TARGET 142.25 TARGET 145.25 sl 132.55
Contextual immersion trading strategy idea. eHealth, Inc. provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. The share price fell after bad earnings. Looks like it will continue falling. The demand for shares of the company looks lower than the supply. This and other conditions...
Read this article Will this company be joining the fate of Luckin Coffee soon ?
The stock has been highly volatile during the pandemic. MA200 seems to work as a strong support level: two bounces in less than 2 months. I'll wait and see if it will hold again, and if it does - go long.
Movement direction will depend on market condition
if it done break resistance , would like to see gap fill and next leg up to run on er