hqy stock buy position : buy position till 105 take care of the stop
4Hr chart for HQY showing a rounded structure. I want this to break out bullishly and complete the formation. The two lows could be considered and higher low.
Hi Traders Here is another one of my stock picks, HealthEquity Inc (HQY) You can see on chart that price retraced back to support zone. And we have bullish candle for confirmation Long positions at market I have provided two lines on chart, one for stop and one for target. Thank you.
I figure this cant go too wrong going off the 55 EMA and given the bullish directional bias on a 1d Im good to go.. Price could retrace to the 200 EMA but it seems to be holding support off the 55 EMA. If I was margin trading I wouldn't do it but happy to enter here with usable capital. Not financial advice.
HQY looks constructive here in a base. Would be interesting if it can get above $47-$48 strongly.
HQY made a nice little Head & shoulder pattern here. Now it seems breaking off the right shoulder. We think it will decline from here. The decline also supported by the Big insider selling in the multiple millions, multiple execs. Please check back for Trade updates. (Note: Trade update is little delayed here.)
Wave 3= 1.616 of trend 1...with positive news, HQY could reach at least 35/ share, or the 1.618 of trend 3