Will we see $300 soon?

NYSE:SYK   Stryker Corporation
On the weekly charts, SYK's initial uptrend was broken in end Feb 2020 when major moving averages turned the trend around. Prices tanked significantly and kudos to you if you managed to catch the strong reversal in Sep 2020. It's time for traders and investors to take a pause at this point as we carry on into May 2022. I'm looking and waiting for confirmation of the trend line at current levels of $271.67 and if this key level holds, we will see higher levels up to and beyond $300.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.