Potential Breakout on LH (Labcorp Holdings Inc.)📈 Setup: The stock is forming a clear structure of higher highs, suggesting an ongoing uptrend. A key resistance level is in focus, and a breakout could lead to a continuation move.
🔹 Trade Plan (Not the Full Setup)
📌 Entry Idea: A confirmation above a key level would validate the breakout.
🎯 Targe
29,735.54
0.01 BRL
4.02 B BRL
70.13 B BRL
About Labcorp Holdings Inc.
Sector
Industry
CEO
Adam H. Schechter
Website
Headquarters
Burlington
Founded
2024
ISIN
BRL1CABDR006
FIGI
BBG00RHFGGD1
Labcorp Holdings, Inc. provides laboratory services to help doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. The company was founded on April 16, 2024 and is headquartered in Burlington, NC.
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LH - Targeting the empty space (short)LH is undeniably weakening. It's hard to tell where it will find support, but I don't think 250 is out of the question.
Above the trendline would be a stop.
Again, I'm just posting these charts today for fun - won't necessarily be trading them due to being away.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Neutral
SellBuy
Strong sellStrong buy
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Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.