Traders should now look for long-biased trades in GGC as long as it's trending above its 50-day at $38.11, and then once it sustains a move or close above those breakout levels with volume that hits near or above 680,054 shares. If GGC can maintain that trend, especially above $40.79 to $41.42, then this stock will setup to tag $45 or higher in the near future. Keep in mind that any high-volume move above $41.42 will push GGC into new 52-week high territory, which is bullish technical price action.
Mednax (MD) is a provider of physician services including Neonatal Care, Maternal-fetal Care, Pediatric Cardiology Care, Other Pediatric Subspecialty Care and Anesthesia Care. This stock is trading up 1% at $76.50 in recent trading.
Today's Volume: 634,000Average Volume: 331,581 Volume % Change: 184% From a technical perspective, MD is bouncing notably higher here right off some near-term support at $74 with above-average volume. This move is following a recent run up in the stock from $67.86 to today's high of $77.25 with strong upside volumes flows. Shares of MD have also started to flirt with a major breakout today, since the stock has challenged some near-term overhead resistance at $76.76. At last check, MD has hit an intraday high of $77.25 and volume is well above its three-month average action of 331,581 shares. Traders should now look for long-biased trades in MD as long as it's trending above $74, and then once it sustains a move or close above $76.76 to $77.25 with volume that hits near or above 331,581 shares. If that breakout triggers soon, then MD will set up to trend north of $80 in the near future. Keep in mind that once MD takes out $77.25 it will enter new 52-week high territory, which is bullish technical price action. Centene Centene (CNC) is a multi-line healthcare enterprise operating in two segments: Medicaid Managed Care and Specialty Services. This stock is trading up 9% at $43.48 in recent trading. Today's Volume: 1.72 million Average Volume: 731,383
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV