29.10.2014 - Wellpoint Health Networks continues to rise after correction

The stock price of Wellpoint Health Networks after the rebound from the level of 109.00 reached 120.00, but could not overcome it and now is trying to gain a foothold above the important mark of 117.70. In case of success and overcoming the mark of 120.00, we recommend to open long positions with the closest objectives of 124.00, 129.00 and 132.50. Fall is limited by the lower boundary of the channel. We expect continued price growth in the uptrend in the medium term.

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