Stryker Corporation (NYSE:SYK)
Stryker Corporation (NYSE:SYK)
Technical Features:
A: Resistance around $70.
B: Support at $45.
C: Support at $30.
D: Uptrend.
Technical Analysis:
Since the break of the uptrend (D), SYK has been hovering around support (B) at $45. If SYK breaks support (B) at $45, expect a drop to support (C) at $30. Best case is that SYK bounces between support (B) at $45 and resistance (A) around $70.
Summary: Sell.
