Steve666

Cerner (CERN) ... Looking to get off Life Support ??

Long
Steve666 Updated   
NASDAQ:CERN   None
Cerner is a healthcare technology company that specializes in EHR (electronic health record) solutions that connect people and IT systems to thousands of healthcare facilities worldwide.
CERN has a 40+ year track record of innovation in the healthcare IT space and offers an integrated clinical and financial system to manage revenue functions, as well as day-to-day support for clinical and operational activities. (from Seeking Alpha)

Technically CERN it is at an interesting point exhibiting both weekly and daily Bullish Harmonic Shark Patterns.

This may take a while to reverse so letting it close above $72.05 with decent volume and momentum reversing, may be a prudent approach.

Added to we we need a sector and broad upward market bias in place.

My stop would probably be just below $69.


As always do your own due diligence and this is not investment advice.



S
Comment:
Holding in there !!
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