OptionsRising

SYK - buy stock or swing calls - possible support

Long
NYSE:SYK   STRYKER CORP
Stock is much better valued now and buyers may come in soon, as stock is at first support (green line) and monthly price came down to cloud. If price goes below Monday's low then we can see stock retreat to 122-110, between dashed yellow lines.

Note: Any calls I buy are day trades or short term swing. I am looking for a market bounce soon, and eventually further stock correction.
Comment: bought a small position in the stock today.

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