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Master_of_Fine_Charts
1 Sep 2022 pukul 13.07

CAH Bullish Pembelian

Cardinal Health, Inc.NYSE

Deskripsi

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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