Sep. 1 at 1:54 AM
$MCK | McKesson Corporation (Healthcare / Healthcare Services & Distribution 🏥)
$MCK is compressing tightly into a major wedge apex on the 8H chart following a steady ascending channel recovery. Price action is holding directly above the high-volume profile node at
$844.60, coiling beneath descending resistance. With volatility squeezing near the upper profile boundaries, an explosive move is imminent as price prepares to test overhead liquidity toward
$900.00+.
Key Technical Levels:
• Confirmation Trigger:
$864.00 🚀
• Pivot Support:
$844.60 🐂
• Overhead Target 1:
$900.00 🎯
• Overhead Target 2:
$997.90 💰
• Downside Risk Level:
$760.00 🐻
• Stop Loss:
$832.00 🔴
Flow & Market Bias:
Structure: 8H Wedge Compression / High-Volume Profile Consolidation
Bias: Bullish above
$844.60
#MCK #optionsflow #stockmarket #technicalanalysis #swingtrading #hovdid
