Watch These Humana Price Levels as Stock Jumps on Report of Merger Talks

Key TakeawaysHumana shares were sharply higher in premarket trading Monday following a report that Cigna has resumed its efforts to merge with the struggling health insurer.The stock broke down below a descending channel late last month, but promptly reversed course the following week to reclaim the pattern's lower trendline, potentially indicating a bear trap.Investors should watch key overhead levels on Humana's chart around $300, $370 and $450, while also watching a crucial area of support near $230. Hum ...