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Master_of_Fine_Charts
Sep 1, 2022 1:07 PM

CAH Bullish 做多

Cardinal Health, Inc.NYSE

描述

The flag pattern and engulfing candle are both very bullish signals.

In addition the MACD histogram is rising, suggesting momentum is increasing and a MACD crossover is imminent.

OBV confirms the recent price action.

Both the short term FI (2) and long term FI (13) are recently positive showing a good entry point and confirmation of the trend.

Finally, the most recent candles tested multiple Fibonacci levels managing to close above the .78 level.

Target: $79, $91
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