DaVita Inc. (DVA) - A Bullish Breakout on the Horizon?

Hey everyone,

Today, we're diving into DaVita Inc. (DVA), a stock that's been making some serious moves and is definitely one to watch. Let's break down the technicals and see why DVA is looking promising.

DVA Daily Chart - Strong Uptrend

Take a look at the first chart. DVA has been in a strong uptrend, bouncing off its trendline multiple times. This consistent support suggests that the bulls are firmly in control.

Every time the stock hits this trendline, it rebounds, reinforcing the strength of this upward trajectory. If this pattern holds, we could see DVA continuing to climb in the coming weeks.

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DVA Daily Chart - Bull Flag Formation

Now, onto the second chart. DVA has formed a textbook bull flag pattern following a breakout from a multiyear base. This is a bullish continuation pattern that often precedes a strong upward move.

We have short-term and long-term price targets mapped out here. If DVA breaks out of this bull flag, we could see significant gains. The short-term target is around $152.37, with a longer-term target up at $176.03. Keep a close eye on this one!

Custom Buy/Sell Indicator - Exclusive to Discord Members

Lastly, let's look at the third chart featuring our custom buy/sell indicator, which is available exclusively to members of our private trading Discord. This indicator has just flashed a buy signal on DVA’s daily chart.

We're watching closely to see if the MASpeed indicator can break above 0.10, which would add even more confirmation for a long position. This setup is looking very promising.

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