Hqy
Long Health Equity Inc (HQY)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.
$HQY entry off the 55 EMA 4h ..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 - Head & shoulder formation short from £41.29 to $32.13HQY 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.)