SYK offering a pocket pivot entry!

NYSE:SYK   Stryker Corporation
* Excellent earnings
* Very strong up trend
* Very high 3-month relative strength in the Healthcare sector
* Pocket pivot occurred on the right side of the basing pattern with high volume
* Steady increase in price shows tonnes of institutional demand

Trade Idea:
* Now's the perfect time to get in as recent volume is indicating institutional interest
* The entry from here has very little to no overhead resistance
* Price closed above $274.69 which puts more probability in our favor of the price going higher
* A daily close below $274.69 would expose $266.76 as the next level of support


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