Tuesday, April 07, 2009

Hot HMO Stock (Chart)

After getting crushed in February, Humana (HUM) is now up 34 percent in the last 20 days. It is also up more than 5 percent today.

Humana 406

  • Humana is now bumping up against the red line (two standard deviations above the line), so it is likely to meet stiff resistance near term.
  • The stock is trying to break above strong congestion at $25.
  • The bottom of the gap left over from the big break down is $39.36.
  • The stocks is being touted in today's news and it would be a good idea for interested investors to take a look.
  • A good close above $25 is likely to set the stock on a path to fill the gap.
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