Danaher Corporation

$DHR - 50 SMA Breakout and Cup and Handle Pattern

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💡 Swing setup idea
50 SMA breakout / Cup and handle formation

🔎 Analysis summary:
The stock crossed above the 50 SMA and is currently forming a cup and handle pattern. We are also seeing rising, above-average buyers volume supporting the move.

👀 Levels to watch:
Entry trigger: Break above $189.21
Target: $217.42
Stop: Under the breakout level

Friendly reminder: Always keep an eye on the broader market conditions and overall trend, as they can heavily influence individual stock setups!

💬 What do you think of this setup? Let me know in the comments! 👇

Good luck!

⚠️ Note: This is for educational purposes only and is not financial advice.

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