Healthcare Long Swing

Posted by StockBuz on June 14, 2011 at 11:49am

Like the risk/reward in AFAM here being oversold on the weekly and daily forming a possible bullish triangle. Stop below last weeks low and target top of triangle and much more obviously if it breaks out.

Comments

Admin

StockBuz June 20, 2011 at 9:55pm

Ouch! A downgrade today by Baird with price target slashed to $21. Thank God for stops! Firm sees increase risk going forward with documentation which will lead to higher bad-debt reserves and the CMS proposal going forward. **Now** they realize this? WTF

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