MCK DAILY - Breakout on Earnings

NYSE:MCK   McKesson Corporation
Today a gap up on positive earnings and revenue, Today an ascending triple top breakout on the point & figure.

This is a health care stock (timely sector) with superb financials.

This is not financial advice, but if I were to load into this stock, I would:

a) look for a pullback to 381.43 (potential VPOC support) for potential entry
b) Look for a further pullback to 376.19 (Gap fill) for potential entry
c) In the event this is a runaway gap, I would look for a breakout above 401.78 (52 week high), where there should be free sailing ahead.
d) Point & figure target is currently 459 (long position only).

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.