Trading-Capital

Baxter chart Technical Bounce

Long
BATS:BAX   Baxter International Inc.
Baxter has been obliterated on the back of Ozempic.

This stocks is hitting multidecade support, in a very oversold condition on the larger time frames.

You also have a Monthly RSI divergence occurring which could help the technical bounce scenario .


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.