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Healthcare

WellPoint Inc (WLP) : Chikou Span Support at 56.53

With earnings due tomorrow and the price trading right at Support level indicated by the Chikou Span, it is time to close the short position.

Categories
Healthcare

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.