Danaher corp lift off!

26 июл. 2023 г.

I don’t know anything about this company but chart looks good. Clear break of long term downtrend. This would be a long term hold.

26 июл. 2023 г.

Заметка

From the chart we can see DHR is currently breaking weekly resistance. A weekly close above 261 and this trade will be activated. Assuming this resistance turns support a good entry will be in the $256 to $261 zone. Invalidation would be a weekly close below. TP 1 is 280 TP 2 is 295, but I believe this may break ATH's so I will take partials and let the rest run.

This is not financial advice, but rather a simple analysis.