maschera

SYK - 8.74% Profit Potential - Bullish Pennant

Long
NYSE:SYK   Stryker Corporation
Bullish Pennant formed on a 1-year bull run.

Great risk-reward ratio and target set at a potential formation of a 3-year resistance line.

- Target Entry $251.97
- Target Stop Loss $246.26
- Target Exit $280.85

About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss

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