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Danaher DHR Trading Report

Trading or Investing in Danaher (NYSE: DHR) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DHR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DHR is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DHR too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for DHR
  • Buy DHR slightly over 296.83 target 319.95 stop loss @ 295.97 Details
  • The technical summary data tells us to buy DHR near 296.83 with an upside target of 319.95. This data also tells us to set a stop loss @ 295.97 to protect against excessive loss in case the stock begins to move against the trade. 296.83 is the first level of support below 308.68 , and by rule, any test of support is a buy signal. In this case, support 296.83 would be being tested, so a buy signal would exist.

  • Short DHR under 319.95, target 296.83, stop loss @ 320.87 Details
  • The technical summary data is suggesting a short of DHR as it gets near 319.95 with a downside target of 296.83. We should have a stop loss in place at 320.87though. 319.95 is the first level of resistance above 308.68, and by rule, any test of resistance is a short signal. In this case, if resistance 319.95 is being tested, so a short signal would exist.

Swing Trading Plans for DHR
  • Buy DHR slightly over 316.58, target 319.95, Stop Loss @ 315.67 Details
  • If 316.58 begins to break higher, the technical summary data tells us to buy DHR just slightly over 316.58, with an upside target of 319.95. The data also tells us to set a stop loss @ 315.67 in case the stock turns against the trade. 316.58 is the first level of resistance above 308.68, and by rule, any break above resistance is a buy signal. In this case, 316.58, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short DHR near 316.58, target 296.83, Stop Loss @ 317.49. Details
  • The technical summary data is suggesting a short of DHR if it tests 316.58 with a downside target of 296.83. We should have a stop loss in place at 317.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 316.58, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DHR
  • Buy DHR slightly over 310.03, target 316.28, Stop Loss @ 309.31 Details
  • If 310.03 begins to break higher, the technical summary data tells us to buy DHR just slightly over 310.03, with an upside target of 316.28. The data also tells us to set a stop loss @ 309.31 in case the stock turns against the trade. 310.03 is the first level of resistance above 308.68, and by rule, any break above resistance is a buy signal. In this case, 310.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short DHR near 310.03, target 296.83, Stop Loss @ 310.75. Details
  • The technical summary data is suggesting a short of DHR if it tests 310.03 with a downside target of 296.83. We should have a stop loss in place at 310.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 310.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

DHR Ratings for December 06:

Term →Near Mid Long
Rating Strong Strong Strong
P1 0 0 296.83
P2 310.03 316.58 319.95
P3 316.28 329.31 342.52
Triggers may have already come
Support and Resistance Plot Chart for DHR

DHR Long Term Analysis for December 6 2021

Blue = Current Price
Red= Resistance
Green = Support

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