Medtronic plc.Long
Medtronic breaking out
MDT is breaking out of this multi year base.* The current weekly close is super strong (if it closes like this)
* no MA resistance on the daily (above 50,100 & 200)
* Above 50 & 100 MAs on Weekly
* IHS breakout on the weekly chart, followed by a flag and retest of support zone
I am currently in the 90C for Jan 2026 with first target at weekly 200SMA
Note
It retested 90 and bounced back to 92 now...had another chance to get back into this
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.