Stock pick for 03/30/2012
CareFusion Corporation, a medical technology company, provides various healthcare products and services in the United States and internationally. It operates in two segments, Critical Care Technologies, and Medical Technologies and Services
From technical side we can see triangle action on the daily time frame and also odds for weekly buying continuation from monthly low. Last several weeks CFN spent in nice weekly consolidation and this week made small bear trap what could give us steam for swing up trade. Target is open because it depends on pace after setup and volume as confirmation of upside action. Also it will depend on market breath.
Kind regards
Ivica Juracic
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