HUM Bullish Setup - 1/20 Risk/Reward Opportunity on 3W Chart!
HUM is looking strong on the 3-week chart, presenting a bullish setup with a solid upward trendline and price sitting at a strong support level. The chart has recently shown two bullish spike candles, indicating increased buying pressure. The stock is trending toward its all-time high (ATH), which isn't far off, offering a promising upside.With a 1:20 risk-to-reward ratio until the ATH, this setup is highly favorable if the current support holds. 🚀
Trade closed: stop reached
The stop loss on HUM Humana was hit. I’ll keep monitoring the stock, and if it shows strength again, I’ll consider a reentry.
Based on these ideas I trade personally. 📊 +16% made in 7 months! 🚀Check my stats and portfolio on eToro: etoro.tw/47ZBg2r
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.
Based on these ideas I trade personally. 📊 +16% made in 7 months! 🚀Check my stats and portfolio on eToro: etoro.tw/47ZBg2r
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.