SYK- Wedge pattern is occurring for a second time in this stock this year. Previous one broke out a little early, however this on is following the pattern much closer. Made some brief notes on the expanded chart, take a look and let me know what you all think.
A couple of days now, we've seen a bit of selling that could provide a short-term buying opportunity as both price and gap support have been tested, check it out.
Short term position Candles doin funky stuff Would look weird if it went up so let's just say down
The trend has changed its direction to positive.
Looks like a lot of demand at this zone and so people are willing to buy at this area. Good risk to reward even if this trade goes bad