Mck analysis Initial impression: 1. Took out the low of the support and close above the support line (false break) 2. Bounce off 50dma on weekly chart with a bullish candle stick. Further analyze the chart: 3. Bounce off 20dma nicely in the past. Break the structure with a big red candle that cut through 20dma. 20dma bounce no longer valid 4. Bounce off trendline nicely in the past. Break the structure with a big red candle that cut through the trendline. Trendline bounce...
McKesson's statutory earnings may not reflect its true productivity due to a large unusual item. Its real earnings power could be less than its statutory profit. Investors should understand the risks, including the identified warning sign with McKesson, before investing.
Despite McKesson's EPS growth, market sentiment appears pessimistic. Improved shareholder return suggests business improvement, yet McKesson may not be the best stock to buy, with one warning sign to note.
Despite its weaker earnings outlook and slower expected growth, McKesson is trading at a similar P/E to the market, possibly setting investors up for future disappointment if the P/E aligns more with the growth outlook.
McKesson Stock Forum
Initial impression:
1. Took out the low of the support and close above the support line (false break)
2. Bounce off 50dma on weekly chart with a bullish candle stick.
Further analyze the chart:
3. Bounce off 20dma nicely in the past. Break the structure with a big red candle that cut through 20dma. 20dma bounce no longer valid
4. Bounce off trendline nicely in the past.
Break the structure with a big red candle that cut through the trendline. Trendline bounce...
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