Buy BrightSpring Health Services Inc because the stock has been consolidating sideways and has now broken above a key resistance level.
Positives
- Price is above the 10, 20, 50, and 200 moving averages
- The stock broke through a key resistance level.
- MACD is in positive zone
Negatives
- Stock price has broken above resistance, but trading volume has not increased.
- RSI is over 70
- The stock has already been rising for three consecutive days.
Trade Plan
- Stop loss: Intraday low
- Target: $58.32
