№ 062 · Almanac · · 1 min
What we learned the week HCA hit its 200-week SMA in 2017.
HCA touched its 200-week line in 2017. Twelve months later: +79.5%.
On the week of October 9, 2017, HCA touched its 200-week moving average at $74.58. The SMA itself was sitting at $72.99.
Twelve months later: +79.5%. Three years later: +79.6%. Five years later: +168.8%.
From that week to this, the move is +472.1%: $74.58 → $426.69.
, Patience is the trade. Conviction is the discipline.