Down big on volume. Might be a good short if it retraces back up a little bit. Looking at the weekly chart this could go down to $20.
Last week, SELECT MEDICAL HOLDINGS CORP - NYSE:SEM recaptured its 200 DMA and now finds itself attempting to build on the recent grind into higher ground. In addition, when we examine the action of the Daily chart above, we can also observe that SEM appears to be coming out of a potential rounding bottom. Furthermore, the stock now finds itself trading above...
6 more days to the next earnings report and share prices are already looking good and ready to take off. Share prices recently pulled back from around 18.80 highs and bounced at the support trend line marked in green at around 17.55. It has also breached to resistance price points in two trading days. The last earnings report in Dec 2017 surprised the market by...
SEM flagging here after a good recent move. Could be looking to move higher. Target may be conservative since stock doesn't tend to make large moves, but a half dollar could be a quick trade.