Technical indicators signal a Rectangle forming. Verify the setup on the chart.
Sideways movement between parallel supports.
Bearish continuation pattern.
Traders are watching Cencora (COR) as price action tightens. Currently at $319.9, the asset is showing upward momentum (0.24%). Our AI has detected a valid Descending Triangle pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $308.48, targeting $243.19 with support near $325.91 (R:R 3.75).
What is your outlook on COR?