This Healthcare Stock Could Hit New Highs

Can UHS Break Through Its 52-Week High in This Volatile Market? [Trade of the Day Wake-Up Watchlist] "UHS emerges as a potential winner in challenging market." Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] Long-side traders, buckle up. We're in for a bumpy ride. Every rally seems to hit a wall lately. The market's giving us a clear message: adapt or struggle. My response? Quick hits over long hauls. I'm snatching profits fast and staying light on my feet. In this market, hesitation is costly. Blink, and opportunities vanish. It's all about speed, precision, and the guts to act swiftly. More importantly, stock selection is critical. Tech stocks have been hard to trade. That’s why I’m looking for more opportunities outside of tech, like my latest watchlist pick, United Health Services, Inc. (UHS) It’s not a name I typically trade, [but that’s the beauty of the S.A.M. Scanner.]( It finds plays that fit my criteria. [NEW RESEARCH: AI Trading Tool "S.A.M." Could Have Found Profitable Trades With as Much as an 82% Win Rate (Over 5 Years)!]( [Nate with dog at Computer]( 5-year backtest shows that a revolutionary new AI-powered scanner developed by legendary trader Nate Bear could have found as many as 7,286 profitable plays (an average of 5 per day). See why traders who have early access can't stop raving about how powerful this new tool is. See the LIVE demo here... [>> Click to See the Demo <<]( And there’s a lot of things to like about UHS despite a challenging market in front of us. Universal Health Services (UHS) is a major healthcare provider operating acute care hospitals, behavioral health facilities, and ambulatory care centers across the United States. The company offers a wide range of services from emergency care and surgery to psychiatric treatment and substance abuse programs. More importantly, UHS emerged as an earnings winner this quarter, significantly beating analyst expectations. With a Non-GAAP EPS of $4.31, surpassing estimates by $0.99, and revenue of $3.91 billion, exceeding projections by $50 million, UHS demonstrated strong performance across its diverse healthcare portfolio. And that’s something I want to focus on right now. Stocks that have performed well during this earnings cycle. Ideally, I’m looking for stocks that pop after earnings, and hold their move. Did you see SMCI the other day, it initially popped higher after earnings, and then it gave it all back and then some. What I’m looking for is some form of consolidation after the big earnings run nup. Again, I’m not sifting through all the earnings winners to do this, [I’m using the S.A.M. Scanner to find them.]( So what did S.A.M. like about UHS in this messy market? It is trading above its 8,21, and 34-day exponential moving averages, demonstrating a strong bullish trend. In terms of timing, yesterday I saw that it had been forming a squeeze on the 78-minute chart. Now, 78 minutes represents one-fifth of a standard trading day (390 minutes). This division can potentially reveal intraday patterns not visible on more common timeframes. It also has a 195-minute squeeze forming, giving it two A+ setups. That said, I’ll be looking at UHS closely today and the rest of this week for a potential long play. Action Plan: I’m looking at UHS for a potential long play in my [Daily Profits Live Portfolio]( with the idea it blasts through its 52-week highs of $219.61. If you’d like to learn more about what and how I trade in [Daily Profits Live, check this out.]( [JOLTS Trade LIVE Tuesday, August 13 at 2 p.m. ET!]( [Secret Loophole]( When The Gov't Drops Economic Reports... This One Trade Could Have Made 253%... 327%... Even 383% gains... Enough for overnight payouts of $25,300... $32,700... heck even $38,300! [Discover The Zero Day Loophole (BEFORE Tues at 2 p.m. ET!)]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.