EHTH trade ideas
Bottom Fishing Falling WedgeFalling wedges can be bullish especially at the bottom. I have also found out the hard way, that the bottom is not always the bottom!
Volatile stock for sure
I am watching for now
$EHTH #Watchlist #Bullish #Oversold #Trading $QQQStill expensive with a P/E of 31.27
Forward P/E 15.66
Quick Ratio is good at 8.3
Debt/Eq 0.00
EPS This Y -7.5%
Sales Q/Q 54.70
Gross Margin 99.3%
Oper Margin 14.4%
Div - 0%
In a short-term perspective, EHTH has interesting fundamentalsEntry price - 111.17
TP1 - 113.84 +2.39%
TP2 - 116.43 +4.73%
TP3 - 117.88 +6.04%
SL - 108.83 -2.11%
$EHTH can fall in the next daysContextual immersion trading strategy idea.
eHealth, Inc. provides private health insurance exchange services to individuals, families, and small businesses in the United States and China.
The share price fell after bad earnings. Looks like it will continue falling.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $110,08;
stop-loss — $113,5.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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The whistleblower is here Read this article
Will this company be joining the fate of Luckin Coffee soon ?
Entering long close to MA200?The stock has been highly volatile during the pandemic. MA200 seems to work as a strong support level: two bounces in less than 2 months. I'll wait and see if it will hold again, and if it does - go long.
Bullish , but would like to see the gap fill at 95-96if it done break resistance , would like to see gap fill and next leg up to run on er
Ehealth blows past estimatesEarnings
In a preliminary basis, eHealth (NASDAQ:EHTH) expects the following results for Q4:
Revenue: $$257.5M - 259.5M versus consensus of $194.9M. Medicare segment: $239.0M - 240.5M.
Net income: $53.0M - 55.0M.
Non-GAAP EBITDA: $98.5M - 100.5M.
Medicare membership up 88%. Medicare Advantage membership up 100%.
Major medical individual and family plan membership up 1%.
2019: Revenue: $462.0M - 464.0M from $365.0M - 385.0M. Medicare segment: $403.5M - 405.0M from $318.0M - 333.0M.
Net income: $31.0M - 33.0M from $20.9M - 25.9M; non-GAAP EBITDA: $89.0M - 91.0M from $65.0M - 70.0M.
Average analysts target price $134 - BUY
Short interest 17.86%
Company profile
eHealth, Inc. engages in the provision of Internet-based health insurance agency services for individuals, families, and small businesses. It operates through the Medicare and Individual, Family, and Small Business segment. The Medicare segment consists primarily of commissions earned from sale of Medicare-related health insurance plans. The Individual, Family, and Small Business segment includes commissions earned from the sale of individual and family and small business health insurance plans and ancillary products sold to non-Medicare-eligible customers. The company was founded by Vipool Mohanlal Patel in November 14, 1997 and is headquartered in Mountain View, CA.
Three Percent Trade Idea: Go long EHTHHere is a great opportunity to pick up EHTH .
At Three Percent Trades we have a price target of $90.00 / share, which is a potential upside of 37.6%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
$EHTH -- Follow up after AWESOME short$EHTH will likely go to $40.00 or so long term but is currently sitting at a decent support level so it may very well have a decent bounce from here before continuing downzoooo
EHTH retesting support, still in an upward bullish trend.Recent insider selling has pushed the stock down. Despite this, EHTH is still within the upward trend.
EHealth Looking HealthyWhen the market indices get volatile, I look for stocks that don't correlate strongly to the indices. I want stocks that move independently, and this is a great example. I'm looking at a short term view, but the 5 year graph shows a rounded bottom formation as well.
EHTH: READY READY READY..enough said.BTO EHTH Feb 15th -- 30 calls @1.90
and forget about this one. BUUUUUULLLLLISH
Divergence+ Coming Off BottomWatching for now but will look at Monday to determine possible position.
OversoldEHTH is popping up as oversold on scans which should attract the traders who trade the oversold stocks. RSI is 18 way under the oversold 30 mark. The elders foce index is trending up except for the hiccup yesterday. The down day did bounce off the Bollinger band, contributing to the tail of the candle. Also, although you should not buy a stock based on its price target, I think it is worth considering. ITs target is $27 which if achieved will offer a 64% return.
