DHR Potential Buy setupReasons for bullish bias:
- Price bounced from support
- Entry is at breakout of HH
- DOW theory, SL at last HL
Entry Level (CMP): 244.95
Stop Loss Level: 222.23
Take Profit Level 1: 267.67
Take Profit Level 2: 290.39
Dhrlong
Danaher Corp. | Buy Scenario | Wine and waterDanaher in an interesting spot. We are under a resistance level (Resistance area 1) however the level was engulfed already (see orange marking). Looking to buy into if the following should develop:
1. Price breaks above Buy area 1 i want to see a close and open of a weekly or daily candle atleast.
2. Price moves above S/R level 1
Stop- Loss : None
Target: Upper big resistance level and recent ATH
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Danaher Corp DHR - A high probable long opportunityI was watching $DHR on the daily time-frame and I have noticed what looks like a very strong breakout. Stock is at its ATH and with this move I am of the opinion that it will attempt to reach $370 levels giving a good 10% return. It is a good buy opportunity with SL below current candle. Let's see what it does. I am making this observation for my reference. Feedback welcome.
DHR - STOCKS - 26. OCT. 2021Welcome to our Weekly V2-Trade Setup ( DHR ) !
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4 HOUR
Looking for more price action..
DAILY
Great turnover!
WEEKLY
Expecting more bullish pa..
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STOCK SETUP
BUY DHR
ENTRY LEVEL @ 306.89
SL @ 299.28
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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ALAN
