Wellpoint has been a great momentum trade for the past few months. With the DOW dropping some 200 points today and the S&P 500 down 20 points. I'm watching the $67 test of the 50 EMA. Since WLP broke the 2010 high of $66 recently, I've been very bullish on this stock with an $80 price target. If the $67 support breaks, it may test the $65 dollar level. If a pullback manages to break through those levels in the next couple days, I'll say this bull has died.
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