Baxter has been obliterated on the back of Ozempic.
This stocks is hitting multidecade support, in a very oversold condition on the larger time frames.
You also have a Monthly RSI divergence occurring which could help the technical bounce scenario .
Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; intravenous therapies, infusion pumps, administration sets, and drug reconstitution devices; remixed and oncology drug platforms, inhaled...
Target horizon - 2 months.
Target - 84 USD.
Profit/risk ratio - 3.43
The price is approaching the upper boundary of the downtrend, and if it breaks it is likely to go to the support line around 85 USD.
Baxter International is an American medical device manufacturer specializing in high-tech dialysis machines and other medical devices and supplies. Thousands of...
BAXTER is in an uptrend on the weekly chart. The price is making higher lows and higher highs. In the short term it has broken a bearish channel with a wide-ranging weekly candlestick that indicates ample volume. We are looking for a little more than one to one in our risk/reward ratio.
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BAXTER está en...
