HUM (Humana Inc.) will trigger an objective long entry on a break above the 271.77 resistance level (and 200-day EMA). Stops should be commensurate with one’s preferred price target(s), which are shown on the daily chart below. Also, note that HUM is a sister trade (i.e., likely to be highly correlated) with the existing MOH trade, as both are in the same sector. As such, one’s position size (if long both) should be adjusted to account for their ideal overall exposure to the healthcare plans sector.
HUM daily Dec 11th