Stryker Corporation (SYK) – stock is trading around $208.52 dollars as of December, 19, 2019 and offering a possible buying price between $208.60 – $219.03. Let’s look at the stocks technical actions using a weekly chart.
2. After a nice run up, the stock tried to regain the momentum and rally, but it ended up loosing the key short term support 50 day moving average (DMA) line.
3. It gapped down and started to live below that line.
4. However, the stock found support at the long term support 200 DMA line.
5. The stock also regained the 50 DMA line this week.
6. The stock is offering possible buying price between $208.60 – $219.03, with a stop loss at $191.91.
This stock is already part of the Stocks Above 100 Dollars pick and performance will be tracked here .
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