Learn to Evaluate (HCA) using the Charts

April 22, 2024, 01:16 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HCA

• Buy HCA slightly over 296.63 target 327.98 stop loss @ 295.77 Details

The technical summary data tells us to buy HCA near 296.63 with an upside target of 327.98. This data also tells us to set a stop loss @ 295.77 to protect against excessive loss in case the stock begins to move against the trade. 296.63 is the first level of support below 305.11 , and by rule, any test of support is a buy signal. In this case, support 296.63 is being tested, a buy signal would exist.

• Short HCA slightly under 327.98, target 296.63, stop loss @ 328.93 Details

The technical summary data is suggesting a short of HCA as it gets near 327.98 with a downside target of 296.63. We should have a stop loss in place at 328.93though. 327.98 is the first level of resistance above 305.11, and by rule, any test of resistance is a short signal. In this case, if resistance 327.98 is being tested, a short signal would exist.

Swing Trading Plans for HCA

• Buy HCA slightly over 311.39, target 327.98, Stop Loss @ 310.49 Details

If 311.39 begins to break higher, the technical summary data tells us to buy HCA just slightly over 311.39, with an upside target of 327.98. The data also tells us to set a stop loss @ 310.49 in case the stock turns against the trade. 311.39 is the first level of resistance above 305.11, and by rule, any break above resistance is a buy signal. In this case, 311.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short HCA slightly near 311.39, target 298.45, Stop Loss @ 312.29. Details

The technical summary data is suggesting a short of HCA if it tests 311.39 with a downside target of 298.45. We should have a stop loss in place at 312.29 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 311.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for HCA

• Buy HCA slightly over 311.39, target 327.98, Stop Loss @ 310.66 Details

If 311.39 begins to break higher, the technical summary data tells us to buy HCA just slightly over 311.39, with an upside target of 327.98. The data also tells us to set a stop loss @ 310.66 in case the stock turns against the trade. 311.39 is the first level of resistance above 305.11, and by rule, any break above resistance is a buy signal. In this case, 311.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short HCA slightly near 311.39, target 301.37, Stop Loss @ 312.12. Details

The technical summary data is suggesting a short of HCA if it tests 311.39 with a downside target of 301.37. We should have a stop loss in place at 312.12 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 311.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Hca Healthcare Inc. (HCA) available here: HCA.

HCA Ratings for April 22:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	265.26
P2	291.04	298.45	296.63
P3	301.37	311.39	327.98

AI Generated Signals for HCA

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Hca Healthcare Inc. (NYSE: HCA) report below can help you understand how to do this. The trading plans for HCA, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.