ElliotWaveTrades

(New Trade) DHR

Long
BATS:DHR   Danaher Corporation
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These information are strictly for educational purposes only and do not constitute any financial, investment or trading advice of any form.
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Counter has broken a downtrend trendline which spanned more than 2 years in Jan 2024
Since its Oct 2023 lows, prices have rallied impulsively in 5 waves and retraced to its near term Apr 2024 lows which could act as support to allow counter to push up higher in Minuette Wave (iii)

Opened a new position into as a Breakout Trade
Entry: $256.72
Initial S/L: $ 230.74

Trade active
Comment:
Open order was triggered on 14 May 2024.

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