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Baxter (BAX) Bull Flag and Relative Strength

Baxter (BAX) Bull Flag and Relative Strength

by | Jan 24, 2022 | Chart SetUps

Baxter (BAX) name showing relative strength lately and one of the lone names hitting the ‘ready to run’ scan today. Shares are consolidating above the 8 – and 21-EMA in a bull flag and just below a major weekly breakout at $92. MACD and RSI are both in bull trends and starting inflect higher again while shares flag above the 6-month value area high.