Danaher consolidating: double bottom holds, resistance wall ahead

Danaher is at week 2 of a buy signal, with the confirmation week closed bearish and the trade slightly underwater. The setup is not yet convincing — the quality indicator at 35 out of 100 and signal strength at 59 out of 100 point to an ordinary, non-accelerating signal. The double bottom in the 164 area provides a solid technical base on which the trade is trying to build.