andrew.berg
Long

Medtronic rising to the sky

NYSE:MDT   MEDTRONIC PLC
Fundamentals:
It's not every day that you find a solid company operating in a growing industry which also happens to be a dividend aristocrat. Medtronic is such a company. Company is operating in the healthcare industry, being the largest medical technology company in the world. Today before market open company releases tis earnings report.

Technical:
Price broke up and holds above important resistance level $79. Price above all key moving averages.

Trade and Risk management:
Break above $82 will trigger Entry Long with stop below $80.60 and target around $88
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