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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 04, 2020 10:19pm
103 Views
Post# 31364777

LVGO continues to defy

LVGO continues to defyconventional wisdom as it keeps getting more parabolic & overbought, but shorts are getting hammered cuz the mkt (or a stock) can remain irrational longer than you can stay solvent, to paraphrase a famous adage. Daily RSI is 83 while weekly RSI is over 90, & the price is very far away from 200, 50, & even 20 day moving averages. But the money flow & accumulation/ distribution indicators have not yet shown bearish divergences or weakening money flow. Today's range was 138 to 149, as the bulls keep buying the dips after profit taking & shorting, as it closed near 144 1/2; bears can't seem to wrest control away from bulls. ER is Thurs after mkt close; the reaction to it could be sell the news in the ST if LVGO rallies strongly tmrw & finishes near the HOD at or above 150., no guarantees, espec if the they have blowout revenues y/y & sequentially. LT the buy & hold philosophy could see a much higher price. Jmho dyodd glta
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