Stock Of The Day: Is It Time To Buy Humana?
Humana Inc. HUM is consolidating on Wednesday. But it may be about to reverse and rally.It is oversold and getting close to a support level, and these are bullish dynamics that could set the stage for a move higher. This is why it is the Stock of the Day.Many trading strategies and styles are based on the concept of reversion to the mean. If a stock gets overextended in one direction, there is a good chance it reverses and heads back in the other direction.Most of the time, a stock stays within its typical ...