A chart from today's report (zoomed in slightly vs the one in my report). For more research insights, including trade ideas, get in touch today.
LIFE HEALTHCARE (LHC, 2130c) | Daily Chart | Monday, 31 July 2023 (Pre-Market) | The share is trading just below it’s 52-week high, having absorbed the multi-month overhead supply. Preceding the short term advance, was the share finding triple support at the rising 200-day simple moving average. A weekly close above 2130c would mean a breakout and sets up the share for further upside, with long term targets of 2430c and 2517c. PORTFOLIO VIEW
LIFE HEALTHCARE (LHC, 2130c) | Daily Chart | Monday, 31 July 2023 (Pre-Market) | The share is trading just below it’s 52-week high, having absorbed the multi-month overhead supply. Preceding the short term advance, was the share finding triple support at the rising 200-day simple moving average. A weekly close above 2130c would mean a breakout and sets up the share for further upside, with long term targets of 2430c and 2517c. PORTFOLIO VIEW