Long Position on TMH @ $28.98 on 12/20/2012 (Momentum)

Upward Trading ChannelTeam Health Holdings (TMH) provides outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States.

The company offers a range of services, including recruiting, scheduling, and credential coordinating for clinical and non-clinical medical professionals; coding, billing, and collecting fees for services provided by medical professionals; providing experienced medical directors; administrative support services, such as payroll, professional liability insurance coverage, continuing medical education services, and management training; claims and risk management services; and standardized procedures. It provides outsourced physician staffing and administrative services in emergency medicine, inpatient services, anesthesiology, pediatrics, temporary staffing, primary care clinics and occupational medicine, and other hospital-based functions.

The company also offers healthcare management physician-related services within a military treatment facility setting; and non-physician staffing services to military treatment facilities, including services, such as para-professional providers, nursing, specialty technicians, and administrative staffing.

The company serves approximately 730 civilian and military hospitals, clinics, and physician groups in 47 states with a team of approximately 7,100 healthcare professionals, including physicians, physician assistants, nurse practitioners, and nurses.

The company sold 8 million shares yesterday which brought shares to the bottom on an upward "trading channel."  Higher prices are expected for the stock.

52-Week Trading Range:  $19.73 - $30.75

Entry Point:   $28.98

Stop Loss:   $27.53

Target Price:   $31.88

Position closed on 1/11/2013 at price of $31.89 with a 10.04% gain in 22 days.

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