• Humana HUM swing trade long

Humana (HUM) with ascending triangle breakout

I’ve only added one new trade so far today. A lot of stocks are trading at some heavy extremes intraday, particularly when you are basing it off of Pivot Points. I don’t like to trade stocks when they are above the R3 level intraday, like we see in Amazon.com (AMZN) which has a great looking breakout on its hands on the daily chart from the recent short-term descending channel. 

But Humana (HUM) has everything that I am looking for in a stock toda… not overcooked… with a favorable price pattern and a breakout of consolidation. 

I am long from on this stock from $80.60. 

Long: Humana (HUM). 

Humana HUM swing trade long

You Might Like

  • Short-term bounce

    The Anatomy of a Short-Term Bounce

  • January Barometer: As January goes, so goes the year.

    January Barometer: As January Goes

  • Losing Trade to Start the New Year

Leave A Comment