Technical indicators signal a Descending Triangle forming. Verify the setup on the chart.
Bearish continuation pattern.
A clear signal has emerged for Becton Dickinson (BDX) on the daily chart. Price has moved to $154.51 (-1.17%) amidst recent volatility. Algorithmically, a Descending Triangle structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $153.18, targeting $120.2 with support near $160.19 (R:R 4.7).
What is your outlook on BDX?