Trading idea for Danaher Corporation (NYSE)

#DHR

An intersection of 365 and 135 moving averages took place, which signals the possible change from the ascendant path to the descendant. The ascendant wave structure is truncated at the moment. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator shows overbought conditions.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches the inclined channel of the ascendant truncated structure.

Stop-loss is over the local maximum of the ascendant structure.

Target level: 261.45 (when the profit reaches the stop order, it is best to change stop-loss to a breakeven level)