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McKesson (MCK) Inside Day Near New Highs

McKesson (MCK) Inside Day Near New Highs

by | May 10, 2022 | Chart SetUps

McKesson (MCK) a relative strength name sitting just shy of new 52-weeks and putting in back-to-back inside days this week. A move above $334.15 can trigger a nice multi-week breakout and target up to $365. MCK is trading above the 8- and 21-EMA and momentum starting to inflect higher with MACD nearing a bull cross.