$LVGO – Livongo Health Inc is wedging downside

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Updated: 25 March 2020

$LVGO (Livongo Health Inc) – is showing relative weak behavior on the daily charts. Despite the strong rebound in the markets and the strong sector IBB and XLI this stock did not initiate strong moves and for now is looking weak. We have a longer term Head and Shoulder formation and on Weekly we have a h-sell setup that might be triggered to the downside. Consider the stock to be a short candidate.

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