Notes:
* Strong up trend
* Health care sector showing strength
* Breaking historical all-time-highs of $57.9 with a very bullish week
* Recently bounced from the 200 Day line and the 10 week line with very bullish price-action
Technicals:
Sector: Healthcare - Medical Distribution
Relative Strength vs. Sector: 3.34
Relative Strength vs. SP500: 1.82
U/D Ratio: 1.35
Base Depth: 22.61%
Distance from breakout buy point: -6.66%
Volume 12.47% above its 15 day avg.
Trade Idea:
* Better trade entry would've been on Thursday but you can still enter now as the price is still close to its 50 day line
* If you're looking for a better entry you can get in around $59, it's been serving as a pivot point
* Manage risk under 57.9
* Strong up trend
* Health care sector showing strength
* Breaking historical all-time-highs of $57.9 with a very bullish week
* Recently bounced from the 200 Day line and the 10 week line with very bullish price-action
Technicals:
Sector: Healthcare - Medical Distribution
Relative Strength vs. Sector: 3.34
Relative Strength vs. SP500: 1.82
U/D Ratio: 1.35
Base Depth: 22.61%
Distance from breakout buy point: -6.66%
Volume 12.47% above its 15 day avg.
Trade Idea:
* Better trade entry would've been on Thursday but you can still enter now as the price is still close to its 50 day line
* If you're looking for a better entry you can get in around $59, it's been serving as a pivot point
* Manage risk under 57.9
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.