Category Healthcare

WellPoint Inc (WLP) : Break Support

On the Ichimoku chart, WLP breaks the Chikou Span support at $58.34

We can also see that the leading kumo has twisted; a confirmation that the trend is down.

Immunomedics, Inc. (NASDAQ:IMMU) : Tenkan sen – Kijun sen cross

Immunomedics, just had a Tenkan sen – Kijun sen bullish cross yesterday.

It face resistance from the kumo with resistance at around 3.90

The leading kumo has also twisted, suggesting that this may be a change in trend towards the bullish side.

WellPoint, Inc. (NYSE:WLP) : Bouncing off Chikou Span Support

After falling almost a week, WLP seems poised to rebound.

A hammer is sighted as it bounced off the support level identified by the Chikou Span.

Could be a swing trade idea.