This is more of investment logic than trading logic. I was keeping an eye on Cardinal to see if this Inverted H&D would play out, and it did not. Will be watching to see where it finds support - I am expecting it will be off the 20dma. If we see a nice morning star, or bullish hammer I will be looking to build a long from that point. I am keeping an eye on the weekly TF, not the daily as the reason I want to be in CAH is for the cheap value and 3.55% Dividend.
Market Cap 15.96B
Income -4158M
Sales 153.59B
Book/sh 4.12
Forward P/E 9.90 (Very inexpensive)
P/FCF 12.46 (Bullish)
Debt/Eq 6.04
EPS this Y +308%
Sales Q/Q +11.2%
EPS Q/Q +20.3%
Earnings Aug 6th
Gross Margin +4.5%
ROE -176.4% (Very bearish)
Profit MArgin -2.7%
Short Float 1.75%
Long term Target will be $64
Market Cap 15.96B
Income -4158M
Sales 153.59B
Book/sh 4.12
Forward P/E 9.90 (Very inexpensive)
P/FCF 12.46 (Bullish)
Debt/Eq 6.04
EPS this Y +308%
Sales Q/Q +11.2%
EPS Q/Q +20.3%
Earnings Aug 6th
Gross Margin +4.5%
ROE -176.4% (Very bearish)
Profit MArgin -2.7%
Short Float 1.75%
Long term Target will be $64
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.