Dec. 28 at 2:48 AM
$DHR prints a series of Higher Lows into the
$232 supply wall. The post-COVID inventory clearance is finally done, and the 0.56 put/call ratio confirms that no one wants to be short this lifecycle.
The Setup: Textbook weekly trendline reclaim. We are wedged at the apex, waiting for that volume "push" through
$233.
Bull Level: A high-volume move through
$233.96 clears the air for a fast gap-fill into the
$258 yearly highs.
Bear Risk: The absolute Line in the Sand is
$204.32. Break that and the recovery resets.
Catalyst: Jan 28th earnings are the next massive trigger for the new 6% core revenue expansion. 🚢📉 #hovdid
