[aCryptoKing]

Looks like a BREAKOUT of $164.86 is UNDERWAY. Should run-up a bit further imho. Looking GREAT for a re-test of $170.- & then we'll see if she works into those pre-COVID highs. Liking the way she's looking here!

[aCryptoKing]

Folks adding the dips here WILL BE REWARDED as the stock is in a fundamentally STRONG position as the economy begins to open. MANY folks will be focused on their health, returning for their regular diagnostics, COVID is still an issue & testing being ramped, & LH has everything moving in the right direction executing for success in this environment.

As to B, it's POPPED UP & running (no doubt on short covering as we head into the weekend). And I believe DK will see more downside in the short-term as profit-taking & shorts balance out the REALITY that there's still NO SPORTS to bet on, etc., etc., etc...

[lab40]

I didn't think that deep in B, but I literally just got more an hour ago. I like D on long term, this is gonna be crazy when it's profitable.

[aCryptoKing]

Welp, there's that (DK..) GAP-fill I was talking about! Now we see where we go next BUT I was buying BA as an oil-play. Personally, I think it's an INDICATOR! & as the price of oil goes UP,... the dow will likely mirror & that means Boeing as well in my opinion.

It's complicated but as The MOST BEATEN stock & an ICONIC U.S. company; with an election, Trump touting economic-recovery, the stock market, etc.. that's how I'm playing that one since BA is a huge DOW component, key aerospace, tech & commercial entity: I think it has a bunch of upside from the $446.00+ pre-Covid highs & is well-priced @ $316.00 OFF pre-Covid high. GL whatever you choose...

BTW, I would NOT be surprised to see that ~$24.33 tested DOWN INTO on DK either...

[lab40]

I'm really feeling I should be in oil somehow, not sure where to go.

[aCryptoKing]

Sorry, no pm!

[lab40]

Nice, hot me on private if u run across something, always appreciated.

[aCryptoKing]

I had the warrants at $2.25 cost average as well (if that's what you're talking about). Just sold a bunch of DK that I'll buy back later... Starting somewhere around that $24 gap. Was too flush with gains near $27 not to take some down. Going to buy some more Boeing I reckon! GL

[lab40]

Got all that, just paid a bit more; did u get the Dkn5W, those are running also. I'm really surprised call this money, we're gonna have a dismal report Friday

[aCryptoKing]

Been there since $11 & even got a few sub-$11's on that second drop when ALL SPORTS were CANCELLED!! Been a great ride there too!! Enjoy! Also alerted buy's on Boeing as well... Soaking up low $120's & making BANK on a 36hr foray! Added GAN on it's first IPO day of trading sub-$12 as well...It's been a great CORONApocalypse!

[lab40]

Seems that way, glad I went to DK$G.

[aCryptoKing]

Lol,.... Didn't even drop to the 200DMA this time... STRONG like BULL!!

[lab40]

This stays under 160 we're coming back. LH

[Golden Cross]

$LH Daily Chart...Watching for the next PSAR bullish flip

6-Month Chart

[lab40]

C'mon 140$ lh

[aCryptoKing]

Yeah well, that's why I don't COMMENT on how other people ought to manage their MONEY. You NEVER KNOW what their level of education is, goals, experience, what financial instruments or data they're working off of, etc..

Lots of folks like to make ASSUMPTIONS about what's best. I don't. I see a GREAT STOCK, I say so! Leave it up to others to make THEIR OWN determinations & discern how they'll BEST wealth build. Moreover, NOT EVERYONE has the same time flexibility, etc., & that can SIGNIFICANTLY limit what kinds of instruments you'd be inclined to use!

Another GREAT DAY here: Technically PERFECT! For me, anyways... All the RegSho data & other info I triangulate suggested a short-attack into earnings. And I was glad the chart served me well. gl

[lab40]

Your trading, I'm building IRA.

[aCryptoKing]

Just made ~$2,000.00 in under 30 mins! Not bad. 200DMA to re-test open! Who's wit me? Lolol....

[lab40]

I'm doing the same, I just wait, happens every quarter just like CVD did, more shares, cheaper price, then I pull free share to side. Same but different.

[aCryptoKing]

Meh, ...maybe. BUT not BEFORE we test HIGHER & then find support @ $150, & OTHER KEY stops along the way! Flip & BUILD that position YO! That's how I've been making that dough! Flip & build. I'll be ridding FREE shares outta here prolly by the time this stock is READY TO RUN for reaaaalz! And all good if we run sooner rather than later: Q2 to Q3 GROWTH target #1 for moi!


Still confident it will BREAK BIGGLY regardless of what ANYONE tells me: Sooo, in the meantime I'm building my stack; to EACH his OWN!! gl

[aCryptoKing]

Added another 150 to the pile!

$165 re-test of da 200dma ...BOOYAH!!

I have PLENTY of NTDOY, DIS, NVDA, etc. to skim profits off of if necessary. Taking WHATEVER the market GIVES ME!! Danka!

[lab40]

Long is dead money; no div, this will not hit 200 this year, buy down all you want, this comes back to 140.

[aCryptoKing]

Ha ha...DIP GRAB! That early morning dip is VERY PREDICTABLE on this stock & has NOT let me down so far. In with a $131 avg now & keep ADDING the dips: With 2,317 shares. Will continue to add to my position with this kooky market in the way that I have & looking for that mid-May ramp-up that will SIGNAL getting back-to-work, acquiring new customers, efficiency in adaptation, advantaging the pandemic & all the SYNERGIES that involves.


MOREOVER, Long-term I'm FAR MORE interested in COVANCE, what I believe THEY CAN DO, & prolly HUGELY undiscussed & underutilized; DATA MINING! LH as some 31Billion tests which means 100's of TRILLIONS of DATA POINTS: Socio-economic, gender, biological, genetic, plasma data-points that can be mined for FAR GREATER drug customization, drug trial targeting, marketing & development!

I referenced DISNEY & NINTENDO (both stocks which I own in a BIG way) & the amount of I.P. being leveraged by each is INCREDIBLY DRAMATIC. I'm looking forward to LH Covance & their recent partnership with a data-co to make magic there. TONS of money available for that statistical & data analysis!


Long LH

[lab40]

Those tests are nothing compared to rest of business!

[lab40]

I'm thinking 140$.

[lab40]

Wait for usual bullback, cheaper.

[aCryptoKing]

MERRILY buying the dips! AT LEAST until the stock breaks-up ABOVE its pre-Covid highs of ~$197. Covid took the stock down indiscriminately; at a greater percentage than most imo: Because LH is a GLOBAL lifesciences drug maker & the LARGEST diagnostics lab in the United States!

Needed in times like these! And so far they've DELIVERED: With THREE NEW Covid tests, with 100% CONCORDANCE, & with FDA-Approval; only 8/120 tests have FDA-Approval (LabCorp has THREE-tests).

Bottom-line is BUY THE DIPS until she breaks out (AT LEAST)! That's what I've been doing & I recommend it. Q2 & Q3 should be solid as LH currently processes OVER 110,000 tests per day. And expecting to process 500,000 Covid tests/day by mid-May. Two weeks from now.


LH

[lab40]

Looks like a 177 hangout till earnings!

[aCryptoKing]

Sen. Schumer Asks FDA To Reveal Which At-Home Coronavirus Test Kits Sold Online Are Legitimate:
https://newyork.cbslocal.com/2020/04/26/coronavirus-covid-19-at-home-test-kits-fda-senator-chuck-schumer/






N.Y. Times: F.D.A. Authorizes First In-Home Test for Coronavirus
https://www.nytimes.com/2020/04/21/health/fda-in-home-test-coronavirus.html





FDA’s Dr. Hahn FIRST AT-HOME Covid-19 Test-Kit

https://www.youtube.com/watch?v=q9y_lh3SHXE







President TRUMP on LH: "We approved the first test for a patient to take at home. LabCorp will make it available to most consumers with a doctor’s order." https://bit.ly/2VKD9eI






https://www.pixel.labcorp.com/blog/introducing-self-collection-kits-covid-19-testing




LH

[livefree_ordie]

Not an at home test, just an at home "Sampling" is all. Geez calm down.

[Golden Cross]

$LH Daily Chart

[lab40]

You forgot the rsi.??

[aCryptoKing]

Not really, stock may have some pent-up bubbling-under pressure.

[] 97mm Outstanding Shares
[] ~94% Institutionally-owned
[] ~90mm O/S institutionally held

[] So a small, tiny float

[] Stock dropped 50%+ post-Covid
[] $196.40 high (pre-Covid)
[] $98.02 bottom

As the LARGEST National Diagnostic Lab (imho, since COVANCE acquisition) I personally found it irrational that LH would get HAMMERED by over 50%: During a global health crisis & PANDEMIC no less! Especially since LH is a GLOBAL Company with labs in China & around the World.

Anyway, if you look through some of my posts you'll find links, info & recent developments; but NOTHING newsworthy really went on but Coronavirus testing-related progress recently.

They have:
[] An in-home self-swab kit
[] A serology antibody test
[] And their original PCR-Covid medical PCR

Ironically COVID just came & WRECKED the stock price! Which is when my scanners went off. But what's ironic is that LH was founded 40+ years ago as Roche BioMedical. And has deepened those roots as a biological lifesciences company (aka, a REAL PART of the global-crisis SOLUTION) AND enhanced their abilities multi-fold with their COVANCE acquisition.

So the SAME virus that CRUSHED the stock is NOW bringing in lots of additional revenues; as LH is executing AS EXPECTED (at least by me). These revenues should show up in Q2 & even heavier in Q3 as they ramp-up production & testing-capacity.

Additionally:
[] Trump signed $25B aid for commercial lab testing
[] Which should ease raw materials acquisition & facilitate production increases

[] They have the FIRST in-home test-kit in distribution
[] & they should be expanding production & increasing testing substantially in the coming weeks...Starting Monday this week.

So I guess the market is pricing a pps-recovery. The stock had a 26% increase in short-interest (from the previous reporting period), so it's possible they're covering to GET OUT of the WAY.


Which COULD make today's move a TECHNICAL ONE. If you know anything about CHARTS & technical analysis we hurdled QUITE A FEW obstacles:
[] The "U", cup or bowl was "filled"
[] Retraced a bit, & re-tested that U/Gap/Cup @ $150
[] We formed a quick cup-&-handle
[] We filled the GAP (~$151 to $158)
[] Tested, re-tested & surged a bit into the 50DMA
[] Tested & closed above the 50DMA
[] And today,... tested the 200DMA before market-close
[] & then in after-market closed ABOVE it...

That's a LOT of congestion to move UP through & represents as INCREDIBLY bullish imho. Especially going into next week. So we have the 200DMA that needs to get tested, but we could JUST AS EASILY have a GAP UP Monday... In which case, all kinds of scenarios are up for consideration & I won't bore the hell out of anyone with them.

If you check some of my posts I think they might color SOME of what's been shared here so far.... GL


LH

[lab40]

LH no privates here, I went to the drive up labs once, never went back. Go to hospital that's takes LH.
Job wise, from what I hear, same as any other place, u work hard and hope to move up. Stock is a % off for the quarter. If you want to work there look at Covance, their a bit smaller so u know the people but owned by LH. Imo.

[lab40]

Not to sure of hitting 200, we busted 160 and held a day, pretty sure we need 2. Had punch list, couldn't help it. If we hit 200 nice, if not, not worried, I get discounted shares through spouse; I'm rolling either way

[aCryptoKing]

LabCorp STAY-AT-HOME (& make MONEY) Covid-orders!

Trump's $25B Testing-aid to RAMP UP testing today was very timely.

Looks like:
Antibody serology tests are running at 50,000/day
In-home swab kits are running at 100,000/wk

If I do the math, I see $$$$$$$

What are you doing going to work? Hell with NetFlix, I could watch this ALL DAY!! And we haven't EVEN touched our pre-Covid $196 highs yet. With so much more going for us & added value I can't believe we haven't busted UP through $200.00 yet...

The GOV'T just put a $25B cash infusion under this & shareholders don't have to pay a dime; aren't diluted, & it will SPARE the country while generating lots of revenues! No way around it. IF folks want to get back to normal WE NEED TESTING!

Only 5.1mm U.S. citizens reportedly tested thus far...

LH

[Golden Cross]

Nice pop AH's

[Timiata]

Any news supporting the big after hours jump?

[lab40]

Damn, went to work and came back to $$$$$$. Lh

[aCryptoKing]

Leaves a roughly 7mm float (disregarding the ebb & flow of position adjustments, etc.).

Crazy! The opportunity for UPSIDE is unmistakeable with a RISK-REWARD that is undeniable. Expecting the EASIEST (albeit sometimes a slowerish slug) move into $200.00 PLUS ever!