MOH long term potential
MOH has corrected nicely after a huge run. This is a stock that a few legendary investors have added as of late. If you expect medicare/medicade expenses to increase by 7% on average, and more people to sign up over time, this stock will hugely benefit. I note a basing at the most recent fib level. The weekly stochastic is resetting and the BBWP is indifferent. I expect a retest of 370$ rather quickly. This stock will also perform well if we get recession fears or other macro negative news.
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