MCK is a large cap medical supply company- it has experienced respectable earnings reports and steady growth as medical entities including surgery centers and hospitals are busy catching up on electric surgeries from the COVID era. It is rising ar or under the second upper VWAP line. The dual time frame RSI indicator ( by Chris Moody) shows that every time the...
Today a gap up on positive earnings and revenue, Today an ascending triple top breakout on the point & figure. This is a health care stock (timely sector) with superb financials. This is not financial advice, but if I were to load into this stock, I would: a) look for a pullback to 381.43 (potential VPOC support) for potential entry b) Look for a further...
This trade I have been in for a while but thought I would post it here as its a similar setup to the SQM SHORT I posted last week. That SQM SHORT I labeled as "BEST SHORT Opportunity in the Market". Well this one is the 2nd Best in my opinion. Simply because it has been a little stronger stock and in a better sector (Healthcare) than SQM. Having said that this...
McKesson Corporation ( NYSE:MCK ) Sector: Distribution Services (Medical Distributors) Market Capitalization: $52.319B Current Price: $367.00 Breakout price: $369.40 Buy Zone (Top/Bottom Range): $355.55-$334.35 Price Target: $403.40-$407.60 Estimated Duration to Target: 37-40d Contract of Interest: $MCK 10/21/22 370c Trade price as of publish date: $13.90/contract
McKesson is breaking out from a textbook volatility compression pattern. After a strong run higher in Q1, shares have formed a base with pullbacks shallowing from 12% to around 6% - a sign that sellers have been exhausted and supply is no longer coming to market. This will allow the stock to accelerate freely as demand increases for this stock. Fundamentals look...
MCK stock price is losing momentum and indicating a trend reversal, fear leads to panic selling as fed will most likely raise the interest rates by >=50bps
MCK High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.
look for resumption of bull move; consolidation ends soon
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 1000 $DGX Short 748 $MCK Mean Reversion Time: 14 Trading Days
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 1000 $DGX Short 748 $MCK Mean Reversion Time: 14 Trading Days
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 73% TARGET (EXIT) PRICE = 153.70 USD BREAKOUT (ENTRY) PRICE = 150.08 USD DISTANCE TO TARGET PRICE = 0.31% EMERGED ON = Oct 02, 08:00 AM (EDT) CONFIRMED ON = Oct 06, 09:32 AM (EDT) WITH CONFIDENCE LEVEL = 79% The Descending Triangle pattern is formed when the...
This stock has decent fundamentals with a discounted cash flow valuation at around 70% undervalued at its current price of $1.77 at this time of writing. This company owns hotels all around the world and their market cap is above EV, their Book Value per Share in 2019 is at 6.78 and I suggest you find out the other fundamentals by yourself. Anyways, my opinion is...
Uptrend Support with a bullish pennant forming about to breakout. Target price set at March's high. - 5-month uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $159.35 Suggested Stop Loss $155.97 Target price $171.72 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the...
Hi, today we are going to talk about McKesson Corporation and its current landscape. The opioid crisis has been plaguing the U.S at the most for nearly two years now. With scary numbers like the record of 47,600* overdose deaths caused by opioids in 2017 but the number seems to start slowdown since 2018 were the war against opioids gained some traction. In the...
MCK had a poor earnings report on October 30th but despite the falling price it still managed to hold the ascending channel. The stock price is right at the gap resistance level but with the stock trying to escape an oversold condition it looks to have a lot more room to rise. I would be aiming for the resistance line of the ascending channel but $147.20 is the...
I'm very bullish on $MCK and their 2020 plan. The drug distribution company is selling off due to FDA issuing warnings to all distribution companies for shipping "illegitimate" opioid products. I encourage you all to look at the software side of $MCK's business and the McKesson 2020 plan. As for the charts, Daily TD 9 from Tone Vay's TD indicator + an inverse...
Retorno de Capital (Greenblatt): 206.80% P/E (Greenblatt): 6 Margen de seguridad en base a descuento de flujo de Caja(Graham): 72%