USFD – US Foods has reached its zenithIn 2020, we had the action, and since 2024 the market's reaction. Just as Newton describes the universal law of Action/Reaction.
However, we see that USFD has reached the centerline of the white Fork, which coincides with the reaction high and the upper median line (U-MLH) of the yellow fork!
There is not much more to say about it.
It's a clear Short to me, and the target are always the Forks and the A/R lines. And if you have enough fantasy, GAP's are always get filled....
...they say.