VCA Inc. operates as an animal healthcare company in the United
States and Canada. It operates through two segments, Animal Hospital and
Laboratory. The Animal Hospital segment offers general medical and
surgical services, as well as specialized treatments comprising advanced
diagnostic services, internal medicine, oncology, neurology,
endocrinology, ophthalmology, dermatology, and cardiology for companion
animals; and sells related retail and pharmaceutical products. The
Laboratory segment offers testing and consulting services in the areas
of chemistry, pathology, endocrinology, serology, hematology, and
microbiology, as well as conducts tests specific to particular diseases.
As of December 31, 2014, it operated or managed 643 animal hospitals
and 59 veterinary diagnostic laboratories. The company also provides
communication and marketing solutions to veterinary practices,
pharmaceutical manufacturers, and the pet owning community.
Take a look at the 1-year chart of VCA (Nasdaq: WOOF) below with added notations:
WOOF has been trading sideways for the last 2 months. Over that
period of time the stock has formed a resistance area around $55 (red).
In addition, the stock has also created an area of support at $52
(green). At some point the stock will have to break out of its current
consolidation.
The Tale of the Tape: WOOF has levels of support at
$52 and resistance at $55. The possible long positions on the stock
would be either on a pullback to $52, or on a breakout above $55. The
ideal short opportunity would be on a break below $52.
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