I believe the head and shoulders figure has been completed which will be denied if the price falls below the right shoulder (9 ), the realization implies the bullish break of the neckline at around 10.90 with a target first at 13.70 and around 17.5 after
This ticker looks to be expanding its name with recent acquisitions, but the real reason for the trade is technical in nature, with clear momentum to the upside, horizontal resistance levels being turned to support, bullish divergence on the longer time frame, technicals are setup to look for a return to previous levels off the backs of a strong Bulldiv rally from...
Technical Analysis : We broke the downtrend line and had three white soldiers to confirm the reversal of the trend, also the falling wedge shows a bullish reversal since we broke it upwards. Although on a lower timeframe MACD and RSI look bearish, we expect the price to reach our Buy Zone before the impulsive move upwards. Aroon : Aroon Up on Top and Aroon Down...
Health Catalyst is a company that develops software, data and services that will enable providers to optimize each patient’s health and also helps healthcare organizations expand their use of AI. Technical Analysis : Our stock just broke the Downtrend Line maybe a signal for reversal of trend and moving upwards. Price touched the support level and bounced up with...
Break below 51.27. Stop signal 53.68, Target 40.67.
Ascending Triangle breakout - buy on retest
HCAT forming an ascending triangle, volume spiked up over the last week or two as it broke through one of its major horizontal resistances and is currently retesting. I am expecting the initial retest to fail, before it revisits the diagonal support and takes off from there. RSI has been neutral, which supports my idea this will need some more time to simmer,...
$HCAT Health Catalyst - Ascending Triangle Breakout. Monitor for a close today above $37 for confirmation. Near term target: $41.00 Note: This is NOT investment advice.
Looking to go long once break of strong horizontal resistance at $37.
HCAT has been consolidating it rally from Covid19 bottom forming a 3 months continuation head and shoulder pattern. $37 price level has been acting as strong resistance and was tested multiple time in the last few weeks. A strong daily close above that level will confirm the pattern and the breakout, potentially starting the next leg higher. A good opportunity...
Price Target - $40 by End of Month
I detected a bullish Rectangle Top pattern for stock. This pattern was detected on June 16, 2020 and confirmed on June 17, 2020 . The odds of reaching the target price are 64.69%. Two horizontal lines top and bottom form the pattern as the security bounces up and down between support and resistance levels. Consider buying a security or call option at the breakout...
The recent Medical-Tech-SaaS IPO had some problems in their S-1 report. I expect it to sink to "below ipo level" as the problems could show up in 1-2 quaters after IPO. The problem is called "Medicity buyout" and hiding the price of acquision besides the main datasheet in S-1. Second problem is that it has very slow growth.