Oct. 1 at 10:25 PM
$CAH CAH SHORT: Bears reload at proven resistance. Following a 19% drop from
$168+ to
$138, the relief rally to
$158 formed an undershot right shoulder. Price is now failing above
$155, signaling further downside. Short Thesis: Sellers dominated twice at
$158. The Q4 revenue miss confirmed weakness, and technical damage is extreme. A Head & Shoulders pattern targets
$131-144. Execution: Entry:
$154.60 Stop:
$158.50 Target:
$131.34 Risk/Reward: 6.04:1 Confluences: Breakdown: Price below the high-volume node (
$156-158) suggests capitulation, with air pockets down to
$144. Divergence: Triple bearish divergence (RSI/MFI/CVD) at
$158, validated by price failure. Pattern: H&S pattern completion underway; target is
$144.30, extending to
$131.34. Rejection: Clear rejection at the
$157-158 resistance confluence (VWAP, trend), confirming a ceiling. Summary: Revenue miss + technical breakdown + sector weakness = lower prices. The setup offers excellent risk/reeward targeting
$131.
