This post was just published on ZYX Buy Change Alert.
Those who have enjoyed handsome profits on THC and those who missed THC alike may consider this trade on VHS. Similar to THC, VHS is a hospital chain.
The news is that VHS is losing a contract with Arizona Medicaid. If the stock gets hit on this news, it will be a buying opportunity.
Buy zone is $13.07 to $15.11. Consider not accumulating more than 35% in this range. Most of the accumulation should take place under $14.55 if the market cooperates.
Target zone is $18 to $20.
The plan is to accumulate more if the stock goes lower and there is no change in fundamentals.
No stops since the position is in the process of being accumulated however for those who must use stops, the stop zone is $9.23 to $9.38. As time goes buy the stop zone is likely to be raised.
