Follow through from breakdown today, continuation can drop to low 100s to fill gaps, looking for a longer term put swing on this to handle some chops and drops
Textbook continuation pattern playing out. Prior break on weak earnings was quickly brought back into the channel where it has remained. Continuing this downside break sets to target 94 to fill an old gap left behind
Trendlines from Sept rally broke downside, decent volume profile at current price so under 140 it falls faster. Targeting 130, previous low
Break down with recession worries possible, been a safe haven
Healthcare has been a safe haven for big institutions, with oil hurting this may be a later breakdown following the market
Watch for follow through with no more than a 50% retracement at open
Break above or below trendline is a decent trade, above 30ish or below 26ish area
Broke to the downside of its bear flag pattern having completed a Fibonacci retracement to the golden zone. Cl_f is also descending having done a correction pattern. A measured move brings it down to previous support around 163.