(MCK) Trading Advice

Longer Term Trading Plans for MCK

• Buy MCK near 646.73 target 707.14 stop loss @ 644.86 Details

The technical summary data tells us to buy MCK near 646.73 with an upside target of 707.14. This data also tells us to set a stop loss @ 644.86 to protect against excessive loss in case the stock begins to move against the trade. 646.73 is the first level of support below 693.46 , and by rule, any test of support is a buy signal. In this case, support 646.73 is being tested, a buy signal would exist.

• Short MCK slightly under 707.14, target 646.73, stop loss @ 709.18 Details

The technical summary data is suggesting a short of MCK as it gets near 707.14 with a downside target of 646.73. We should have a stop loss in place at 709.18though. 707.14 is the first level of resistance above 693.46, and by rule, any test of resistance is a short signal. In this case, if resistance 707.14 is being tested, a short signal would exist.

Swing Trading Plans for MCK

• Buy MCK slightly over 707.14, target 710.26, Stop Loss @ 705.1 Details

If 707.14 begins to break higher, the technical summary data tells us to buy MCK just slightly over 707.14, with an upside target of 710.26. The data also tells us to set a stop loss @ 705.1 in case the stock turns against the trade. 707.14 is the first level of resistance above 693.46, and by rule, any break above resistance is a buy signal. In this case, 707.14, 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 MCK slightly near 707.14, target 646.73, Stop Loss @ 709.18. Details

The technical summary data is suggesting a short of MCK if it tests 707.14 with a downside target of 646.73. We should have a stop loss in place at 709.18 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, 707.14, 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 MCK

• Buy MCK slightly over 704.3, target 707.14, Stop Loss @ 702.66 Details

If 704.3 begins to break higher, the technical summary data tells us to buy MCK just slightly over 704.3, with an upside target of 707.14. The data also tells us to set a stop loss @ 702.66 in case the stock turns against the trade. 704.3 is the first level of resistance above 693.46, and by rule, any break above resistance is a buy signal. In this case, 704.3, 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 MCK slightly near 704.3, target 646.73, Stop Loss @ 705.94. Details

The technical summary data is suggesting a short of MCK if it tests 704.3 with a downside target of 646.73. We should have a stop loss in place at 705.94 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, 704.3, 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.

Check the time stamp on this data. Updated AI-Generated Signals for Mckesson Corporation (MCK) available here: MCK.

MCK Ratings for May 09:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	587.04
P2	704.3	710.26	646.73
P3	720.06	727.19	707.14

AI Generated Signals for MCK

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