Sonic Healthcare SHL has been trading in an up trend over the past ten months, which remains technically intact
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYTg9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--39e69bd3b68ed62cda736d78909192fa6b58850d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-exclusive.png)
Livewire
Sonic Healthcare SHL has been trading in an up trend over the past ten months, which remains technically intact. Recent price action decisively broke above resistance of $16.32, confirming an ascending triangle. The pattern has bullish implications and suggests that higher prices are likely to unfold over the medium term. The potential upside price target is $17.27. Any weakness in the short term would provide a good buying opportunity. (Source: @morgans Violeta Todorova via (VIEW LINK)
1 topic
![Livewire Equities](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYTg9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--39e69bd3b68ed62cda736d78909192fa6b58850d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-exclusive.png)
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise
![Livewire Equities](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYTg9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--39e69bd3b68ed62cda736d78909192fa6b58850d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-exclusive.png)
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise