SYK trade ideas
STRYKER $SYK cleared the Fib 0.618$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 $57short to buy level at weekly timeframe by put option to $57
$SYK moving higher again?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 sideways or in another bullish rectangle until a late April earnings report sets it over the top.
SYK - buy stock or swing calls - possible supportStock 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 further stock correction.
looks like daily is holding wellthis is a good location and a strong daily level. looking to buy on pullback.
New Target at 264 USDIs 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.
Short SYK to 140 and 120SYK about to drop below the neckline. weekly divergence and bearish candle confirms the downside. TP 140, 120 P/L ~17% and 27%
SYK- WedgeSYK- 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 patternSYK- 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.
Do not ignore this ChartA 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.
SYK ShortShort term position
Candles doin funky stuff
Would look weird if it went up so let's just say down
