Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.
Overall HALO gets a technical rating of 7 out of 10. In the last year, HALO was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, HALO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 59.77, a Stop Loss order could be placed below this zone.
52.13
We found 3 important support areas.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
62.09 | 58.57 | 3.52 (5.66%) | 17.66% |
An entry @62.09. This is a Buy Stop order right above the 10 day high. | An exit @58.57. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.52 points, which is 5.66%. | For a 1.00% total portfolio risk, you can invest 17.66% of your capital in this trade. |