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Technical Analysis: CERNER CORP (#CERN)

Cerner Corporation is an American supplier of health information technology services, devices, and hardware. As of February 2018, its products were in use at more than 27,000 facilities around the world. The company had more than 28,000 employees globally, with over 13,000 in Kansas City, Missouri.

The stock has been recently pulled back to strong support level at 68

Following last rebound, #CERN managed to break downward trend line

RSI moving away from oversold territory

MACD sloping up

Entry price USD 70.88

1st TP USD 73.32

2nd TP USD 75.50

SL USD 67.60

OTB Global Investments

London, 9 March 2021

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