The decline is to quick and too much, even though the financials were a shocker. The drop was severe, and the RSI is low, not very extreme, but considering the drop, we should be looking at buy strategy. Strategy BUY @ 200-220 and add @ 175-185 again. The correction will likely fill 75% of the dark candle. I suggest profit order $ 275-300 for now.
Looking for sell to about $151-167 and then some price action. Then it would be up to your analysis in this area. Looking at the next few months out.
The PEAD projected a Bullish outlook for $HCA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
Please excuse the sloppiness of my chart. Doing this off my phone so not the ideal situation. An interesting chart. HCA, the largest for-profit hospital system in the US. You can see since COVID-19 the price has shot up over 300%. Currently looks to be consolidating and breaking this rather steep uptrend. Hasn't quite reached the 1.618 fib but very close. RSI...
* Good earnings * Very strong up trend * High 3 month relative strength in the Healthcare industry * In a constructive basing pattern for the past ~4 months * Volume steadily increasing and good earnings report caused it to go higher
* Steady up trend since inception * Generally stable earnings * Broke out with higher than average volume * Pays out dividends as well
Price is very extended and the gap is likely to be filled.
HCA is consolidating after a large move up. Buying pressure came in on 25th of June 2021 and set $204 as support. Since then buying volume has decreased but not by a lot. That's why HCA is positioning it self for a breakout. Looking at the longer time-frames, it's showing a clear up trend and it's also expected to grow its earnings-per-share over the coming...
HCA Healthcare Inc Have been trading up for a long time now. The current Bollinger Band Squeeze is another opportunity to go long Stop Loss at 174.12
HCA is one of the stocks to look at after the Biden election. Indeed, one of the strengths of his program is the healthcare policy proposals that aim to create a Medicare-like public healthcare option. The price has tested the resistance at 152$ and looking at Bollinger bands it went out of the channel. Furthermore, RSI is about to reach the overbought zone (also...
Hello traders, HCA HEALTHCARE INC gives a bearish signal, buyers reject a large volume of sales and we are on an upward trend support. We will break the trend to look for the last precedent lower, to start again on the rise. Buyers have a great likelihood of breaking out of the equilibrium zone, as we are going to be in more than half of the zone, if the buyers...
I have been learning about the technical aspect of stock and today I decided to post something I made. I don't know if it's right or wrong and would love to have some feedback!!
$HCA bearish cypher on the daily is at the PRZ pattern reversal zone (D) .886 fib retracement short entry target with coinciding bearish divergence on both the MACD and the RSI
HCA is giving us some simple stops and profit taking levels. We're nearing a resistance at ~145, which is followed by another at 147. Giving us a clear line to short with an easy stop to place. Coming down, we have 3 major support levels we have to pass/hit. The POC, 119 and lastly 116. A potential play would be shorting until the POC, exiting and securing...
$HCA bearish cypher on the daily is at the PRZ pattern reversal zone (D) short entry target with coinciding bearish divergence on both the MACD and the RSI
INTRA-DAY PLAY Again, all based off of weakness in XLV - healthcare sector. With market looking to open lower, I will be shorting HCA to complete the bear flag. First profit target at 132.
Happy Fourth of July, the most American way to celebrate is profiting off healthcare. HCA Healthcare is the largest publicly traded healthcare system in the United States. Has the scale to swallow non-profits and small scale hospitals across the United States. Limits loss caused by Medicare and Medicaid patients by operating hospitals only in economically sound...