The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
DOC is showing interesting structural developments at $16.52. The stock is trading at $16.52, up 0.85% on the day. The primary technical feature is a Bearish Flag formation. Volume is average (1.05x avg) with moderate trend strength (10.9). A potential breakout level is identified at $15.99, targeting $14.01 with support near $17.13 (R:R 1.74).
What is your outlook on DOC?