Quick trade DVA

26 thg 1, 2020

DaVita (DVA) might be considered for a quick trade. The earnings will be released on February 11, 2020, so there is not a lot of time left if you are going to take the trade. The fundamentals are fairly strong, so this may be one that you might want to keep in your arsenal. The stock gapped up on Friday showing that at least in the early morning of the market, the market makers did not have enough supply of stock in their inventory, so they had to gap up the prices. I would look at using a buy stop limit at $85.60. The stop should be about 7% below the price you paid. Happy trading! Bernard