Slanted inverse HnS with a great R:R.
Hidden bullish div on third valley and back test of structure
Missed entry so personally i would wait for the break and back test of the over head resistance.
Best of luck!
Market is in a uptrend, price has been respecting 50MA with multiple retest
Wait for price to retest recent swing low and 50MA with a false break showing buyer still in control .
False Break candlestick pattern: Hammer / engulfing
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Strong_Support 1: 48.00
Support 1 : 43.75
Support 2 : 39
SGRY will continue to break new High. 48 will be strong support and if break 48, next support will be 43.75.
The company report earnings tomorrow before the open. The stock is showing nice volatility contraction at ATHs with clear resistance level @ $24.85. A daily close above that level will send the stock to higher ATHs and triggers a long swing trade.
In the picture, the red candle is bigger than the green candle before it. The red candle is overtaking the green candle, meaning its bottom of its body is lower than the green candle's, and its top of its body is higher than the green candle's. This means it will go in a downtrend, as it has yesterday. I am not telling you to sell but just be aware of this.
SGRY...
I have this on breakout watch. Looking to see if price runs above 24.86. With no resistance above my target is 29.25.
However, if price breaks below key intraday support levels I'll look for a pullback and consolidation before moving higher.
Contextual immersion trading strategy idea.
Surgery Partners, through its subsidiaries, owns and operates a network of surgical facilities and related services in the United States.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position...
Surgery Partners is an interesting looking business that has enjoyed a steady run up 120% over the last 3 months and well down on older historical highs. They describe themselves as operators of surgical facilities and ancillary services with more than 180 locations nationwide. They seem to provide a more integrated end-to-end approach offering greater flexibility...
Reacted nicely in PRZ. Posting this a little too late but if you want to get into trade wait for price to break and hold above red horizontal line. Also I think there was divergence.
