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Long-signal

HCA pressuring to break all-time-highHCA is consolidating after a large move up. Buying pressure came in on 25th of June 2021 and set $204 as support. Since then buying volume has decreased but not by a lot. That's why HCA is positioning it self for a breakout. Looking at the longer time-frames, it's showing a clear up trend and it's also expected to grow its earnings-per-share over the coming year. Looking at the price-action HCA may come back to retest the $212.50 to $214.30 region before making a move higher. A break below $212.50 could send the price to retest the support of $200. Final Thoughts: * Good long term hold * Pays dividends * Buying pressure from June 25th, 2021 set $204 as a solid support pushing the price higher Two things you can do from here if you want to trade this * Look for buying opportunities around $212.50 and $214.30 * Wait for a clear break of $217.36 * A break and close below $212.50 may negate the immediate bullish outlook
NYSE:HCALong
by HaseebKhan_90