Check These Potential Healthcare Shorts

Two companies involved in the healthcare management industry have charts reflecting technical weakness and setting up potential short plays.

The weekly chart of Express Scripts (ESRX) shows a year-long rise in the stock price, beginning in October 2011, and then a sharp drop in November 2012, after the company cautioned it faced a weaker outlook in 2013. The decline took out the uptrend line, but was contained at a level which would eventually mark a 50% retracement of the 2011 low and the 2012 high. A five-month move followed the bounce off the 50% retracement level establishing another uptrend line. That support was breached last week and with the relative strength indicator and stochastics below their centerlines, momentum appears to be to the downside....279 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.