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Centene Finally Looks Ready to Make a Move Higher

·2 min read
Centene Finally Looks Ready to Make a Move Higher
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In this daily bar chart of CNC, below, we can see that prices dipped into late April but then quickly reversed to the upside. The On-Balance-Volume (OBV) line has been gaining strength from the middle of February and tells us that buyers are now more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is pointed upwards.