While Baxter is a world-renowned name in the healthcare field, I just don't see BAX doing that well and breaking above the ceiling of about 63.25 or so. The pharma industry is always a cyclical sector...
It has come off two supports in the last two weeks, with the day it had the 1st reaching a resistance I see it blowing through this resistance and getting to 64. MACD has never been negative very long,...