lukelehepuu

CAH CHANNEL SHORT IDEA

NYSE:CAH   Cardinal Health, Inc.
Description of Chart:
CAH has been in some what of a channel range from April 2015 until now. Currently we are in the top half of that channel and starting to breakdown. I am taking a short on resistance looking for at least a touch of the centre channel line (shown in pink). This could take until October to complete so is a longer term play. Take a small position size in proportion to your account!

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