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Analysis: #NYSE $SYK

Case 390 #Stryker Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#SYK 1/4
Chart 1
Monthly Chart: The loss of pivot #support at 197.52 saw price spike down quickly targeting the 2012 #trendline and #Fib. 0.50 at 128.56 with failure to close the #SMA 50. The upside reaction has been positive and .....

SYK 2/4
..... immediate resistance lies at the 2019 #pivot then 204.86. A close above trendline #resistance, sloping at 229.06, targets 274.02.

SYK 3/4
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