AmerisourceBergen Corporation: Bearish AB=CD & 3 Drives Pattern
ABC currently is Bearishly Diverging on the MACD and RSI around the 2.414-2.618 PCZ of a Bearish AB=CD where it has also developed a Bearish 3 Drives Pattern and a Bearish Shark. If we get the action I'm expecting to see from here, it will come down and break through the trend line and then continue down to the 0.886 retrace at $77 in a dramatic way.
Trade ist aktiv:
I have entered the Bearish trade on this via selling multi month calls and buying multi month puts as the price is currently confirming weakness:
