November 30, 2024, 16:36 pm ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CAH
- Buy CAH near 120.35 target n/a stop loss @ 120. Details
The technical summary data tells us to buy CAH near 120.35, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 120 to protect against excessive loss in case the stock begins to move against the trade. 120.35 is the first level of support below 122.24, and by rule, any test…