$HCA analysis HCA Healthcare $HCA is an American medical c | 🚀 Robin Rocket

$HCA analysis

HCA Healthcare $HCA is an American medical company that operates a network of hospitals in the USA and Great Britain, one of the largest in the world. The company operates 167 hospitals and 122 separate surgical centers. The company also provides a wide range of outpatient and ancillary medical services.

Technical picture:

• On November 9, 2020, $HCA shares made a breakout to all-time highs on a significant increase in trading volumes. After that, the paper went into consolidation for a month.

• The security then followed a 10-day exponential moving average trajectory in upward bullish consolidation and reached an all-time high on January 7, 2021.

• Over the next three weeks, quotes formed a “bullish flag” to the 50-day moving average. The security then bounced off that level and rallied through May with support on the 50-day moving average ascending line.

• After forming a two-month base on July 20, stocks rallied on high trading volume following strongj quarterly results. Since then, the paper has been forming another “bullish flag”.

HCA Healthcare $HCA
• Support Level - $222
• Take profit - $270-275
• Stop Loss - $222

Not an investment recommendation.