Buy in week 5, earnings on the horizon
Danaher edges up 0.6% as buyers control 83% of volume ahead of earnings
Buy in week 5, earnings on the horizon
Our view last week
Danaher is in week 4 of a buy signal and the trade is already running at +7.4% from entry. The stop has been moved to breakeven: risk is zeroed out, but signal strength stays weak and the setup quality indicator is only ordinary. The price is now moving between a nearby support and resistance, with earnings approaching in three to four weeks.
This week's summary
This week's technical read on Danaher stock highlights the squeeze: price added just 0.6% but pressed right under its breakout trigger in the 199.8 area, with 83% of daily volume on the buy side pushing it there. The buy signal is in its fifth week and the trade already sits at +8% from entry, with the stop moved to breakeven. Since last week, earnings have shifted from a heads-up into the active two-week risk window.
IQS Phase
57
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#83 / 129
US stocks in progress
Trade P&L %
+8.00%
from signal to today
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