Cerner was trying to break upper trendline of the descending channel today. However, the technical appearance of Cerner is very weak (remember what I wrote last February, 1 – read more -) and the breakout has been impossible.
Stock price has to close over $50 to improve technical appearance. Afterwards, it has to fill the bearish gap (February,1). But stock price can drop again if the lower trendline of the ascending channel since February,4 is broken.
Be careful, because it seems that this trendline can be broken today.
.PNG){kind=link}