BKD is a stock in the healthcare sector which has the potential to rally this week. RSI is uptrending after bouncing off oversold levels. MACD positively crossed over and is diverging, Price Oscillator crossed over and is diverging. Volume dried up and is starting to expand on positive price action. It gapped up today so I have a tight stop loss set at 12.50 in...
Was sold aggressively on Fri into strong long-term support at 14.30 area. Closed into day's low, huge volumes. To me this is a sign for local downtrend continuation w/target at 13.00 zone.
5 mins chart:
Brookdale Senior living is showing a bounce off a strong resistance line.
-Sellers attempted to force stock down further but were unsuccessful, as evidenced by the hammer candle.
- Enter LONG with a price target of $16, slightly below the previous peak, to avoid extra unnecessary risk.
- Set stop loss at $14.10, below the main resistance line. Get out...
has the look of trendline or inverse H & S or CwH breakout if holds gray support area just below, risk $2 reward $4 and $10 at feb retracement zones above
Some stocks I short just based on technicals. BROOKDALE is a stock that I will short with every fiber of my being because of the PERSONAL experience I have had with them regarding the care of my parents. Brookdale, (in my opinion) gouged my family for every possible "fee" they could come up with. Does a parent seem anxious that their meds were brought to them TWO...
