HENRY SCHEIN INC

NASDAQ

HSIC

Maybe double top.

The price is higher than 30MM. Despite that, the price is going down. If the price breaks the resistance, buy.

This if it is a Double Top (M) of big proportions from a weekly view, look the magnitude of the bullish trend line The Double Top (Confirmed) The main Bull Trend line was broken in 2017-09-18 (Confirmed) and some weeks after, the price did a bearish gap, visible from the weekly chart, that could not be filled, look (Red Circle) Needless say, Wait for a support...

Henry Schein stock has become quite bearish after breaking a long 8 year trend support line in October 2016. The stock then tested this same trend line which became resistance and was rejected twice resulting in a 5-6 month sell off for ~30%. The mid Nov. 2017 low seems to be a long term floor for the stock and the price has had healthy gains since then. The MACD...

long flag

I have a signal in my trend based strategy for this stock to move to the upside also a strong support level. I will update this idea when something new comes up.

it is a inflection point ...so difficult to compute...?

HSIC indicated short term bearish after hit the highest,

HSIC Henry Schein A. Volume surge on breakout, double the average. B. Highest price for the last 10 years C. Mansfield RS in positive zone D. 30 MA below price E. Target Price $160 Therefore, buy in-the-money options July 2015 expiry date. Target price $160 or beyond, exercise if reached or let the options expire.