Jun. 1 at 12:08 AM
$COR is an absolute cash-generating machine! Cencora just updated their fiscal 2026 outlook, raising EPS guidance and announcing a massive new
$2.0 billion share repurchase program! The board is aggressively eating up their own float, and the market is officially waking up to the value here.
Taking a look at the daily chart, this is a textbook reversal setup! Price found a hard bottom near the
$242 level and is now violently hooking up with a powerful momentum shift off the lows. The tape has flipped, and it's coiling incredibly tight right below immediate overhead resistance! 📊🐋
🐂 Bulls: Need a decisive break and hold above the
$271.00 resistance zone to spark a structural squeeze toward the
$290 level! 🚀
🐻 Bears: A flush below the
$250.00 support base traps the early dip buyers and resumes the heavy downtrend. 🛑
#COR #StockMarket #SwingTrading #hovdid
