Friday, December 30, 2011

Sell Humana Inc.

I am looking at HUM today. The chart I am using is a weekly chart, so this is an IT call. If you hold HUM, sell HUM (before the next call) and take profits. Don't short sell yet. Short sell below 82$. The weekly price developed negative divergence with many indicators, one of which is MACD. The price developed higher highs while the indicators are showing lower highs.

Watch the pretty breakout after the 2010 consolidation.

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