Reconnaissance This guy has seen better days but still about to see worse. Who can save or help this stock, it's breaking all sorts of rules and will certainly pay a price unfortunately.
-POSSIBLE HEAD AND SHOULDERS REJECTION PATTERN WITH A TARGET OF 68$ - RIGHT ON SUPPORT -REJECTION CANDLE FROM 84$ WITH MULTIPLE PREVIOUS REJECTIONS FROM THE ZONE. -INCREASING BEAR VOLUME ON RIGHT SHOULDER DOWNTURN - COULD BE UNDERLYING PRICE WEAKNESS? RANGING INDICATORS: -RSI SHOWS EARLY SIGNS OF REJECTION OF 49 LEVEL -STOCHASTIC POSSIBLE CROSSING OF %K OVER %D...
It should be interesting to see what happens in this situation with NHI. Will it rebound or break? Preparing to set some limit buys just below the lower support line in case it breaks, others, the rebound would be about 5%.
National health NHI in a Buy zone at the bottom of Channel NYSE:NHI
NHI Nice breakout into earnings, runner to $68 before 2/16 earnings CCO has purchased shares ranging from $40 to $60 since last August
Williams R very low, below the envelope of 5%. Closing above the lower envelope is a very reliable sign of an upmove. My target is the upper envelope. and stop real close.
A. Volume Surge on breakout B. Breakout Zone C. Mansfield Relative Strength on positive area D. New High for the last 10 years E. Target Price 90 Therefore, buy in the money options expiry date on July 2015.