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Livongo Health Inc. LVGO

Livongo Health Inc provides a data science and technology enabled platform for detection of diabetes. Its additional solutions include Livongo for Hypertension, Livongo for Prediabetes and Weight Management, and Livongo for Behavioral Health by myStrength. The company's client comprise of employers, health plans, government entities, and labor unions. Its operations are primarily located in the United States.


NDAQ:LVGO - Post by User

Post by drbob512on Aug 03, 2020 8:45pm
128 Views
Post# 31359065

Livongo rose sharply to

Livongo rose sharply to close near 136 2/3, up over 9 pts for today, on moderately heavy volume. The RSI, stochastics & other ST technical indicators are extremely overbought now. What concerns me in the very ST is the price now is above the upper Bollinger Band. In AH now the stock is at 139. I would not be surprised to see it either open gap up @ 137-139 or trade up near 139-142 for a temporary parabolic-type top, leading to major profit taking & short selling, taking it down 7-10%. Or can more buyers come in to ramp it up even more parabolic as ER is on Thurs after the close? If LVGO can keep having higher daily ranges until Thurs, a sell the news event will likely occur but if a big drop occurs tmrw & Wed/Thurs, then the stock could bottom out prior to the ER (120-128 area after 139-142 top in AH today or early tmrw?), and then run up after the ER? We shall seein the ST & IT but LT should see much higher prices, imho.. Dyodd always...
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