Long Position on LVGO @ $71.00 on 6/30/2020 (Momentum)

Livongo Health, Inc. (LVGO) provides an integrated suite of solutions for the healthcare industry in North America.

Its solutions promote health behavior change based on real-time data capture supported by intuitive devices and insights driven by data science.

The company offers a platform that provides cellular-connected devices, supplies, informed coaching, data science-enabled insights, and facilitates access to medications.

Its products include Livongo for diabetes, Livongo for hypertension, Livongo for prediabetes and weight management, and Livongo for behavioral health by myStrength. 

Shares of this company have formed a bullish "cup and handle" and are expected to move higher from this formation.

Entry Point: $71.00

Stop Loss: $67.45

Trading Range: $15.12 - $79.10

Target Price: $78.10

Updates

7/6/2020 9:59:32 AM

LVGO closed at $79.40

Position closed on 7/6/2020 at price of $79.40 with a 11.83% gain in 6 days.

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