Guardant Health Inc. (GH) – stock is trading around $71.89 dollars as of November, 11, 2019 and offering a possible buying price between $71.89 – $75.48. Let’s look at the stocks technical actions using a weekly chart.
2. The stock formed a classic IPO base for many months since it’s IPO date.
3. The stock finally brokeout back in February and had quick, but a nice run.
4. The stock then receded, but crawled back slowly and regained the peak, again.
5. Then the stock witnessed a breakdown and gave up good chunk of gains, as it gave up the 50 day moving average support.
6. The stocks regained the 50 and 200 DMA lines recently.
7. The stock is offering possible buying price between $71.89 – $75.48, with a stop loss at $66.14.
This stock is already part of the Stocks Under 100 Dollars pick and performance will be tracked here .
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