Humana's ( NYSE:HUM ) stock has experienced a significant decline of almost 15% in early trading on Tuesday, following the Centers for Medicare & Medicaid Services (CMS) announcement of a 3.7% increase in federal payments to Medicare Advantage plans. This increase matches the percentage increase proposed in January, leading to disappointment among investors and...
Humana has been trading into key long term support.
This stock has been under severe pressure and is starting to appear to be carving out a potential base.
it seems that 1 more flush in this name may prove to be a swing tradable entry on the long side.
The weekly Death cross formation is close to occurring. This is no doubt a bearish long term signal but...
This set up at the bottom of the channel is a golden position.
The final gap down with a bull flag following is something to watch. Waiting for this to either gap up or form more bullish divergence.
Target is the upper end of the channel, taking profits at 20%-30%.
Humana hasn't been a favorite of mine, although there is plenty of potential to rebound as long as management gets its act together we could be back to where it has been trading before the disastrous but not unexpected recent earnings surprise.
Dear traders,
Id like to share this idea in order to take long positions.
350- 360$ is is a good price range to look for buying opportunities as a first entry, buy and hold.
Additionally RSI is clearly oversold and prices already went down quite aggressive.
best,
NYSE:HUM Humana's earnings showed little hope for 24` and said issues might run into 25'. I think next earnings will be the blow to knock it down to the 300 level. At this spot we run into a solid support and expect that to line up near 5 year trend line.
Price dropped to a new low. The CNDL closed high than the lower low. Next CNDL, price closed within 50 % of the drop price CNDL. The buyers stepped in to get the new Low Price available.
Humana has broken the BAMM trigger line of a Harmonic Crab pattern and is now breaking below the $387-$375 support zone.
Harmonically, we would expect to see an accelerated move down to the 1.618 PCZ aligning with the $215 price level and it could even go as low as the HOP at $152. For the time being, I will be getting very wide Bear Call Spreads with the intent...
I can't say where HUM goes but i did see a level of risk I am not prepared to take based on info we have today. The next area of significant demand is around the 305 area as shown on the chart.
If we see the stock break into the gap above, I would revisit and possibly take a long position, I do see it having trouble getting past the two gaps above in the near...
Dear traders,
Humana already fell down quite agressively reaching a really oversold area and getting interesting levels for buying as they are shown on the chart.
Ee are still in a marked uptrend, corrections are good to take advantage of them :)
best of luck,
Humana Inc., ( NYSE:HUM ) the second-largest Medicare Advantage company in the U.S., has sent shockwaves through the health insurance sector by revising its earnings guidance for 2025 and projecting 2024 profits well below analysts' expectations. The stock plummeted as much as 15%, marking the most significant intraday drop since June. This unexpected development...
Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, which made it the highest ranked company based in Kentucky. It is the fourth largest health insurance provider in the U.S.
Bounce off channel support.
Humana Inc - 30d expiry - We look to Buy at 480.48 (stop at 468.48)
The primary trend remains bullish.
Bespoke support is located at 480.
Preferred trade is to buy on dips.
A break of the recent high at 503.52 should result in a further move higher.
We look to buy dips.
478.40 has been pivotal.
Our profit targets will be 510.48 and 518.48
Resistance:...
