A clean Falling Wedge often precedes a big move. Validate your entry.
Reversal pattern. Price likely to break upwards.
MCK is showing interesting structural developments at $758.63. Price has moved to $758.63 (0.52%) amidst recent volatility. Price action has carved out a classic Falling Wedge. Volume is average (0.34x avg) with moderate trend strength (29.6). A potential breakout level is identified at $782.48, targeting $875.53 with support near $723.68 (R:R 1.58).
What is your outlook on MCK?