CARDINAL HEALTH INC

CAH NYSE

ChristopherCarrollSmith

Cardinal health is currently sitting at a resistance level that held from 2000-2013. From 2014-2018 it traded above this resistance level, but in 2018 it dropped back below it. For the last two years, the stock has been trying to break through this level, but has been rejected roughly 19 times. Thanks to trend line support, we're coming toward a decision point...

waelgham

Not a good trade due to high volatility premium and related risk

firecryptocasino

CAH has been following the channel as depicted on the daily and has reached the bottom of the channel. This is a mean reversion play with lots of upside. RSI oversold, downward momentum has slowed down. This is ready to pop. Price target and stop loss as depicted in chart.

Papermaker247

$60 By End of the month!

Quant_Chart

Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 1000 $CAH Long 115 $HUM Mean Reversion Time: 10 Trading Days

ghostdigg

Looking to buy some here in the low 50's

ZenMode

This is more of investment logic than trading logic. I was keeping an eye on Cardinal to see if this Inverted H&D would play out, and it did not. Will be watching to see where it finds support - I am expecting it will be off the 20dma. If we see a nice morning star, or bullish hammer I will be looking to build a long from that point. I am keeping an eye on the...

stephanelibatd

Hey traders, CARDINAL HEALTH is in a bullish position, it gives a false bearish signal from or to the wicked. its tried to break with force despite the volume of purchase it did not succeed. It is plausible that it arrives on its precedent above, see even the 2nd if there is a buying force and they agree on the price. Please LIKE & FOLLOW, thank you!

kiero

Uptrend stop 51.58

kiero

Uptrend

shidiq

Looking to make a potential quick swing with CAH. Most indicators are bullish. Buy stop order placed preferably above 20-May's candle. A quick swing to $58 with a potential of going to $64. Trade will be invalidated if prices go below $52.

Mauriello

NYSE:CAH Wait before going long as both Technical and Fundamental might suggest to go long. Fundamental Analysis: The drug distributor reported quarterly earnings of $1.62 per share, beating the consensus estimate of $1.43 a share. Revenue also beat forecasts

mattisbaseball

This has got some good momentum, ride till before earnings.

Yogigolf

Looks like a good set up on CAH, relatively good valuation nice 4%+ dividend yield, on the cheaper side compared to their history.

dorfmanmaster

CAH showing strong up-trending OBV, while forming a bull flag above the now support at $57.5 Earnings were a beat on result and guidance.

skoutas

If CAH earnings and revenue look good on 2/6, then look for the market makers to begin the markup of the stock ?

simtrader19a

Lower swing high has formed for continuation to downside

simtrader19a

Nice Cup & Handle Formation