AGL breakout of long term upper trend lineAGl broke Nov 24' high / resistance. Looking for upswing formation
AGL trade ideas
Agilon Health | AGL | Long at $2.24Agilon Health NYSE:AGL
Pros:
Revenue consistently grew from 2019 ($794 million) to 2023 ($4.3 billion) and through three quarters of 2024 ($5.6 billion). Expected to reach $8.7 billion by 2027.
Current debt-to-equity ratio 0.06 (very low)
Sufficient cash reserves to fund operations and strategic initiatives
Strong membership growth (525,000 as of Q3 2024, a 37% year-over-year increase)
Recent insider buying ($2 - $3) and awarding of options
Cons:
Rising medical costs - currently unprofitable and not forecast to become profitable over the next 3 years
No dividend
Targets (into 2027):
$2.72
$4.00
$5.00
$7.00
$11.50
$16.00
AGL Trade Long Setup – Key Levels !📊
SL (Stop-Loss): $3.49 🔴
Entry: $3.70 🟡
T1 (Target 1): $3.95 🟢
T2 (Target 2): $4.22 🟢
👉 Monitor for breakout confirmation and manage risk properly! 💹
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AGL Long Trade Setup !🚀 🔥
📊 Breakout: AGL has broken through key resistance levels, displaying strong bullish momentum.
📈 Key Levels:
Entry: $3.17 ✅
Stop Loss (SL): $2.88 🛡️
Target 1 (T1): $3.55 🎯
Target 2 (T2): $3.70 🚀
🔍 Volume Confirmation: Look for increased volume to confirm the breakout strength.
💡 Opportunity: A great trade setup with a favorable risk-to-reward ratio to capture upward movement. 💥
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AGL Breakout Trade Setup: Targets & Strategy!Entry: 💹 $2.89 (breakout above trend line).
Stop Loss (SL): ❌ $2.62 (below the support level).
Target 1 (T1): 🎯 $3.17 (first resistance level).
Target 2 (T2): 🚀 $3.55 (next resistance level for extended gains).
Agilon Health buy and hold 600%Hello friends, investors and those who want to become investors. Agilon Health with a target of USD 41 at the current price of around USD 6. Don't buy or hold SL. zielzone currently offers 600% profit.
Good luck
WATCH $AGLBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- 5/5 Rules
Technical
- Momentum Theory Indicator - bottomed break out
- Price action formation ( falling wedge and a inverse h&s )
- Broke Trend line / rejected
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Pain + Reflection = Progress"
Cheers and happy trading!
AGLAgilon Health Inc (NYSE:AGL) had another impressive trading session. I feel the stock looks poised to breakout in the coming sessions as attention appears to be returning to the stock via price gains and volume.
AGL possible 15% profitLooking like this may have found its floor at 23 to me.
-3 straight days with the bounce off low 23 levels
-RSI oversold
-MACD in the green and increasing
-Increased volume on the past 7 trading days since it may have hit its true bottom on 10/12
-Earnings coming up could be the catalyst this needs to rip up (or break down 🤷♂️)
Long story short it looks beaten to shit and I'm willing to take a swing here. Will keep a close stop. If it breaks under 23 I will probably step off the sinking ship.
