Trade of the Day – Bullish Triangle Breakout in HMS Holdings (HMSY)

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

It’s been awhile since I’ve featured a trade on the long side due to increasing risk there, but couldn’t pass up this gem in HMSY which is breaking from a bullish triangle formation with volume today.  This formation is up in all time highs territory and a break above 25.40 would be an all time high.  Doesn’t get too much more bullish than this.  Tread lightly with long trades here though.

 

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