Trading Idea for Danaher Corporation (NYSE)
#DHR
The overall trend is upward. The downward movement is approaching 210.35. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop loss under the local minimum (210.35).
Target levels: 227.90; 235.30; 247.30.