Updated
HLTH.C - Potential bottom reversal; medical PPE supplier
The stock hit oversold area on Thursday then bounced off the bottom (.11) for the first green close in the last 10 trading days. Doji, followed by another green candle confirming reversal and a bullish MACD cross. I also noticed seasonality to the chart. It ran up hard in April 2019 and in April 2020. Also around July 2019. Note: this is a highly speculative stock/sector and a stop-loss is a good idea IMO.
Trade closed: target reached
Out at .135.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.