Long
$ANTM to head higher after breaking out of a ~4month base?
* Sector: Healthcare - Healthcare Plans
* 3 month RS vs. Sector: 10.69
* 3 month RS vs. SP500: 3.85
* U/D Ratio: 1.13
* Base Depth: 9.7%
* Distance from breakout buy point: 1.45%
* Volume 10.25% above its 15 day avg.
Trade Idea:
* You can enter now as the price isn't too far away from the base resistance
* Or you can wait for a retest of $470.02
* Looking at the weekly chart it seems like it's ready to move higher and it's also trading above the 50 avg. daily volume.
* 3 month RS vs. Sector: 10.69
* 3 month RS vs. SP500: 3.85
* U/D Ratio: 1.13
* Base Depth: 9.7%
* Distance from breakout buy point: 1.45%
* Volume 10.25% above its 15 day avg.
Trade Idea:
* You can enter now as the price isn't too far away from the base resistance
* Or you can wait for a retest of $470.02
* Looking at the weekly chart it seems like it's ready to move higher and it's also trading above the 50 avg. daily volume.
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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.
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.