LONG SYK - Bull Pennant
Updated
Could wait for confirmation, but I prefer to buy at support (bottom of pennant, so I can set a tight stop) and sell if there's major resistance at top of pennant, but I'm expecting a breakout to upside.
Note
$187.43 is a great entry point for a long, as it can be used as a tight stop as well (if we break downside). If we break upwards, I would look to sell at the top of pennant (yellow line) if we lose volume but also hope for a breakout to $204.52 if volume remains.
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