03 June 2009

Health Net's Fit Chart

Over in the comments at Slope of Hope, Health Net (HNT) was mentioned as having a technician's dream chart.

I've annotated HNT's chart above. I question how dreamy it is, given the overhead resistance about $2.50 north of today's close. And speaking of today's close of $15.27, after hours trading brought HNT's price down to $14.90. So HNT has that going for it.

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