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JimVanMeerten (57.35)

Wellpoint Health Network - Breakout signal



February 04, 2011 – Comments (0) | RELATED TICKERS: ANTM

WLP - Wellpoint Health Networks - the largest publicly traded commercial health benefits company in terms of membership in the United States. WellPoint, Inc. is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), Wisconsin; and through HealthLink and UniCare.

1 - 100% technical buy signal

2 - 10 new highs and up 14.76% in the last month

3 - Relative Strength Index 72.32% and rising

4 - Trades around 65.52 with a 50 day moving average of 59.30

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

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