CVH - Coventry Health care, Inc (NYSE Stock)

[lovemoney]

Looks like it had hit a bottom and was trying to move up even during the crash earlier this week. Watching.

CVH - SharpCharts Workbench : StockCharts.com

Coventry Health Care Inc.
6705 Rockledge Drive
Suite 900
Bethesda, MD 20817
United States - Map
Phone: 301-581-0600
Fax: 301-493-0742
Web Site: Coventry Health Care: Home

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Healthcare
Industry: Health Care Plans
Full Time Employees: 15,800

BUSINESS SUMMARY
Coventry Health Care, Inc. operates as a managed healthcare company in the United States. The company operates health plans, insurance companies, and network rental and workers’ compensation services companies. Its Commercial Business division provides various products, including health maintenance organization (HMO), preferred provider organizations (PPO), and point of service products. This division also offers commercial management services products; and consumer-directed benefit options, including health reimbursement accounts and health savings accounts. The company’s Individual Consumer and Government division offers health benefits to members participating in the Medicare Advantage HMO, Medicare Advantage PPO, Medicare Advantage Private-Fee-For-Service, Medicare Prescription Drug, and Medicaid programs. This division also provides fully-insured managed care services, as well as other products and services, such as pharmacy benefit management, clinical management, and fiscal intermediary services. Its Specialty Business division offers various products, including access to provider network, pharmacy benefits management, field case management, telephonic case management, independent medical exam, and bill review capabilities; and network rental services and other managed care products through a PPO network to national, regional, and local third party administrators and insurance carriers. This division also includes mental-behavioral health benefits business and dental benefits business. The company markets its products and services to individuals, employer and government-funded groups, government agencies, insurance carriers, and administrators through direct sales staff and a network of independent brokers. Coventry Health Care, Inc. was founded in 1986 and is based in Bethesda, Maryland.

[lovemoney]

Hitting resistance around the $22 mark but forming a steep narrow ascending triangle. May consolidate some more or could possibly break out of that with some volume. I'm green on this since I bought in near the bottom so I added a little to my position. If it does break out and fills that small gap at 23 it could run to the previous high at 24.84.

[lovemoney]

Closed the gap today a 23. Watching to see if it pulls back a little or consolidates. If it holds this range it could break out and head for previous highs.

[lovemoney]

Broke out today. Has some resistance at around 24.75. Hoping to setup to break that soon.

[BadThad]

EXCELLENT PICK! Yiou nailed the bottom in Oct....great job!

[greencat]

CVH may be getting ready to take off again.

CVH Chart