Post by
drbob512 on Jun 15, 2020 6:45pm
T.A. for LVGO Monday:
LVGO was up 1.55 or 2 1/2%, on moderately heavy volume Other telehealth such as TDOC & ONEM were up more but Livongo maintains its bull flag formation and needs confirmation breakout above 66. ST trend raised to Up & overall rating remains Aby Swingtradebot. Parabolic SARs remain bullish. Support at 58 & resistance @ 65-66. Had their 3 Presentations in past week. But profit takers from 20/sh to 30's & 40's may have almost all changed hands to newbie buyers in 50's & low 60's; when done, this stock will rally 15%+ in a flash as it has done 2x since Mar 23.
Comment by
drbob512 on Jun 15, 2020 9:46pm
LVGO is working on 6th wk of consolidation now, with bull flag atill intact; if confirmed, should rally to 72-75., imho.