Solventum Corporation Ready to Move Higher?Solventum have been in consolidation mode for month. The price action from consolidation had performed cup and handle chart pattern.
Our Strategy indicator already triggered first buy opportunity 27 Jan 2024, and the price maintain consolidate above moving average 50.
With RSI value currently above 50 and MACD line is about to cross, the stock is showing momentum and breakout $77 may push stock higher.
