Mar. 18 at 7:29 AM
$AMED is an interesting stock.
It's relatively low risk (operates in the home health, hospice, and personal care sectors, which are generally considered to have relatively stable demand) and currently has a stop-loss at around
$89.50 based on the support levels.
However, it relies heavily on Medicare, so any changes to Medicare policies can have a substantial impact. The green candles are probably accurate, but I'd personally wait until the share price gets past
$93 and holds for a day or 2 (look at how many times it has tried and failed).
