After consolidating for the last weeks, Stryker finished above the downward trend channel today. MACD with positive crossing in 4-hour chart. RSI crosses 50.0 and turns into possible buy area. Waiting for confirmation and/or retest of channel top + volume. Interested to hear your opinions! :)
Hey traders, STRYKER CORP is a very interesting moment, sign of a certain increase in buyers' return, touch on the trend support. the question is whether they can break the consolidation zone. Please LIKE & FOLLOW, thank you!
$SYK is breaking out the fibonacci 0.618. It is also important to close above the last high $190.72. RSI is still challenging with last high. needs more volume.
short to buy level at weekly timeframe by put option to $57
NYSE:SYK Strong company in a competitive sector. Traded in the 220s in the middle of last year. Gapped down after an earning's miss. Then, it's been trading in two consecutive bull rectangles that has lifted the price closer to previous highs. Some analysts have PTs in the 220-230s. Looking for a pop over an old pivot point to continue higher. Maybe it trades...
Stock is much better valued now and buyers may come in soon, as stock is at first support (green line) and monthly price came down to cloud. If price goes below Monday's low then we can see stock retreat to 122-110, between dashed yellow lines. Note: Any calls I buy are day trades or short term swing. I am looking for a market bounce soon, and eventually...
Options chain isn't great but the Jan 210c have good vol and OI
this is a good location and a strong daily level. looking to buy on pullback.
Is a strong buy signal for Traders. Trend has one power and the market too. Is a run for six month to 264. I place one stop at 201.40 USD.
SYK about to drop below the neckline. weekly divergence and bearish candle confirms the downside. TP 140, 120 P/L ~17% and 27%
SYK- Falling wedge Second occurrence this year, first broke out pretty early. Second one is following the pattern much closer. Take a look and let me know.
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.