DHR consolidating before breaking through resistanceSeen this before with DHR building a strong area of consolidation around 222-226. Provided no hidden surprises this should be able to head further up past the selling pressure at 228ish.
DHR trade ideas
$DHR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DHR after a Positive Under reaction following its earnings release placing the stock in drift A
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DHR - STOCKS - 07. APR. 2021Welcome to our weekly trade setup ( DHR )!
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4 HOUR
Bullish waving market structure..
DAILY
Bearish market turning bullish now!
WEEKLY
Expecting more upside towards towards previous highs and beyond.
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STOCKS SETUP
BUY DHR
ENTRY LEVEL @ 224.85
SL @ 215.15
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Another health care playHere's another bullish health care play. It breached through the trend line meaning it's now set to follow XLV. This pattern is called a running flat Elliott correction wave.
Heading up in the near termLooks like DHR came through a resistance area. Looking for it to either consolidate along the green bar (former resistance to become support) area of 220-219ish and then make a move higher. Expecting it to hit a bit of resistance around 226. Hoping it'll consolidate like it did in November before a stretch higher. MACD crossover looks supportive of a move up in the near-term too.
DHK levelsDHR looks like it'll drop to the 0.618 fib at $215, which is well within the 2 standard deviation channel. I'm expecting a bounce at this level and a continuation up to the .382 fib, which would be about a 5% trade. Also note the double top at the $250 level, if you are long on DHK it's not a bad idea to take profits slightly above that level when the time comes.
DHR (NYSE) - Move in RangeGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
DHR (NYSE) - Move in Range
DHR Set up for Correction Gap Down DHR finding resistance at the current trendline of previous demand confirmation. If holds true, It will look to gap down to test levels at previous lack of supply trendline.
DHR Long William Alligator : the stock is in a bearish position because the candle sticks are under the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicate that the stock is in a strong downtrend.
MACD : the line is under the signal line, this is a bearish confirmation. Moreover, the red vertical bars indicate that the price is decreasing.
ADX : the line is at 24.42, so the stock is currently in a strong downtrend.
Candlestick patterns : there is a bearish engulfing which is a bearish confirmation.
Overall : it can be interesting to take a sell position on this stock because all indicators indicate that the price is decreasing and will continue like that. Moreover, the stock is in a strong downtrend. Entry price is lower than the current price for assurance and stop loss is set at -5%.
$DHR Short Trade IdeaEntry, stoploss, takeprofit in chart. This is what I think will happen, not why I think it will happen.
$DHR with a bullish outlook following its earnings #BeststocksThe PEAD projected a slight bullish outlook for $DHR after a positive under reaction following its earning release placing the stock in Drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
NYSE:DHRentry point - 238
cut loss - 232.50
take profit - 270.00
risk - 1.4%
reward - 14%
RRR - 1 : 10
$DHR 2+ Month Cup and Handle SetupAlmost identical to the setup on my $TMO post just few minutes ago (search my feed). So no need to repeat the setup logic here. These patterns happen over and over again. You need to train your eyes (and your brain) to spot them and have rules in place to take advantage of them while they are unfolding.
DHR - EW analysis - WXY correction bearish cycle DHR - It is in WXY correction after impulse cycle finished at the major top. The X wave is in progress and expected to finish soon, then sell for Y wave down.
Give thumbs up if you really like the trade idea.
DHR - Which way is it going?Danaher corporation NYSE:DHR is looking like it wants to break out but it has been caught between the 8 and 21 EMA for about 5 days. We know that price does not stay in a consolidated area forever, but can take its sweet time before it decides to move. Currently, the price for DHR is $225 per share, which is between the upper and lower Bollinger bands. The upper Bollinger band is near $233 while the lower Bollinger band is near $217. The question remains...which way will it go?
Backing out to a weekly timeframe, DHR has been in an uptrend and is pulling back to the 8 EMA on the weekly chart. It has seen good support from pullbacks to this area in the past...however as always, past performance does not indicate future results. We simply use the past to get an idea of what could happen and where to set our stops in case it doesn't play out as expected.
So based on the weekly chart, we are seeing a strong uptrend showing a pullback, and on the daily chart pictured above, we see that price is consolidating to break out. My guess is that the stock will try to push higher and will try to break above the upper Bollinger band as we head towards the New Year.
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Danaher Correction Until Early Dec Before Extension of Rally Danaher is a strong stock. It has made employees millionaires for decades. I happened to open the chart today and saw it is in a fairly steep correction as of early November. This is an exciting opportunity to buy the dip in my opinion.
I will be looking to enter longs at the market resistance level around $205. I would expect an ABC zig zag corrective pattern before resumption of the rally. This is extremely speculative so trade at your own risk.
DHR:NYSE - DANAHER CORP - Medical equipment and research toolsDanaher is another nice steady runner. Up around 85% since its March lows, it is currently going through a pullback and almost back at the bottom of its normal trading range. Could be at a reasonable value area. Worth a watch if it heads back up.
$DHRPosition :
Entry price: 234.94
SL: 227.11 (-3.33%)
TP: 258.45 (+8.47%)
R:R: 3.
Fundamentals :
Sector: Medical
EPS % Chg (Last Qtr): 62%
3 Year EPS Growth Rate: 8%
EPS Est % Chg (Current Yr): 36%
Sales % Chg (Last Qtr): 34%
3-Year Sales Growth Rate: 2%
Annual Pre -Tax Margin: 22.5%
Technicals
Flag/Pennant breakout with hammer in the previous session.
DHR - Elliottwave analysisDHR - It has completed impulse cycle from major bottom in 4 hr time frame. The drop seems wave A. So sell on bounce with stops level above 240.75 near 232-35 level. Stay small in trade until it confirms the trend down.
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$DHR posted weak earnings but with a slight bullish outlook$DHR posted worse than expected earnings but the PEAD projection kept a slight bullish outlook for the stock, with price currently trading just above the median line.
