AMEX:SPY - gaining a few points in the PM after a big rally to close off the week. Our key internals were screaming TREND DAY with the VOLD rating at +8, ADD pinned at +2000 and TICK cumulating in the positive territory, holding some of you saw that and were able to hold all day.
Key levels today at 413.80, gotta get past this and hold to continue the trend....
$PRVA Head and Shoulders Pattern?
Privia Health looks to me to be both a Head and Shoulders Pattern and “had’ a Double Top pattern. This chart is looking like it wants lower prices. It is about ready to break below the neckline. It has also been living below the shorter term 8 EMA (teal) the 20 EMA (green) and the now down sloping 50 DMA (red). It also has a...
broke previous 52w high and trend resistance areas in one go, very nice breakout here! also look at that buying volume, no signs of weakness for months there.
next targets are 34.3-39.8
$PRVA - Healthcare | Health Information Services
healthcare sector is the top performing sector on basis of 1 month relative strength. $PRVA currently trading above all KMAs, along with key VWAPs (IPO & ATH). have also cleared a key pivotal level at $33 this week.
Looks like Privia Health Group $PRVA broke out of an IPO base back on June 21, 2022. That base break is still valid in my book. It attempted to break the more traditional breakout / pivot point today but pulled back. Today was a strong volume day with the most buying volume since it’s IPO date. I tried to get into this early today with a limit order that just...
