BDX has broken out of a buying zone and consolidated after a long cup pattern, a very good pattern worth following, but the market is in a slump and the stock is fluctuating, so do not chase it.
Bullish
“Stock Market Warning: I Sold NVIDIA & Went to Cash!”
Cash Flow Machine | Mark Yegge | Wealth ArchitectPublished Oct 16 · 1 passage
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Data from BDX, Picton Dickenson, indicates that the stock has risen. Don't rush after him. This is what the system tells you. The market is in a slump, and the stock is fluctuating.
Look at him. It has just broken through this buying zone, and has experienced a consolidation period after a very long cup pattern. A very good pattern that is worth following.