Quest Diagnostics breaking down while market rallies

Quest Diagnostics estimated today that their 3Q EPS will be below analyst expectations. This has sent the stock lower in light of the rally today.

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This will likely lead to a breakdown through a multi-year support level for the stock in our relative strength point and figure charts

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The information listed above is for example purposes only and should not be construed as the Investment Advisor’s opinion or investment outlook.
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