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Trading Idea for Danaher Corporation (NYSE)

09.03.2021

Market Review

#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.

Author: GC
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