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HaseebKhan_90
Mar 7, 2022 11:47 PM

$HSIC could head higher if it breaks above $87.55. Long

Henry Schein, Inc.NASDAQ

Description

* Exceptional earnings
* Very strong up trend
* Sector: Healthcare - Medical Distribution
* Relative Strength vs. Sector: 8.68
* Relative Strength vs. SP500: 1.57
* U/D Ratio: 1.84
* Base Depth: 18.64%
* Volume 40.56% above its 15 day average.
* Recently retested highs from 2017 as support around $73.19 before pushing higher.

Trade Idea:
* Wait for a close above $87.55 as a confirmation that the price is ready to move higher.
* You can manage risk around $85.65
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