Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
Technical analysis of Cencora (COR) reveals a significant setup. The stock is trading at $318.61, down 0.3% on the day. The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $322.96, targeting $376.62 with support near $298.43 (R:R 2.19).
What is your outlook on COR?