Trade ideas
Medtronic Breaking Out - 3 Uptrends in PlayBeen monitoring $MDT for a breakout partially due to their Minimed 670g being such a leap in insulin pump tech. Strong sales and should dominate competition until their tech catches up.
Entry at daily REBZ $89.72.
Trends:
Year 6 of 12
Week 4 of 9
Day 2 of 9
Quarterly needs 2 mo without touching the mode to confirm a 12 bar signal.
MDT Detected possible FDA approval!!!MDT: medtronic inc
2018-07-31 06:15:36
Detected possible FDA approval
$MDT possible C&H with bullish momentum closing candle$MDT possible C&H with bullish momentum closing candle
MDT Detected possible FDA approval!!!MDT: medtronic inc
2018-06-15 08:30:31
Detected possible FDA approval
MDT05/29: Short
- Tweetzer formed at previous swing high.
- Bearish Divergence: RSI and MACD
- Stoch crossed down at range boundary region
- Tempted to test gap around 50%-62.8%
MDT Bullish GartleyBullish Gartley... Price broke through the potential reversal zone, but it looks like we had a hard stop on the downside indicated by the three "almost doji candles". We are also seeing some momentum shift as indicated by the volume weighted MACD. Overall, we could see a little price pop tomorrow and purchasing some March calls would be a perfect play.
Measurments
- .786XA
- 1.618BC
- AB=CD
MDT Detected possible FDA approval this morning!!!MDT: medtronic inc
2018-02-26 08:00:52
Detected possible FDA approval
#MDT #stock #shortMDT has formed an H&S on the hourly chart. Indicators are looking down and so is the trend. Trend is negative all the way up to the daily.
Stochastic divergence at the breakout point of a falling wedgeBuy: 78.25
Target 1: 79.63 - 80.36 (1.76% - 2.70%)
Target 2: 81.56 - 84.68 (4.23% - 8.22%)
MDT IDEA - Ascending triangle waiting for the pullback to the support level of the triangle and then rising to the formation breakout
MDT multiple bottoms with buy divergenceMultiple bottoms with stochastic divergence. Looking for a move up in price before entry at 83.85. Stop is set to 82.75. Looking for a target of 86.00 - 88.00
MDT multiple bottom with buy divergenceMultiple bottoms with stochastic divergence. Looking for a move up in price before entry at 83.85. Stop is set to 82.75. Looking for a target of 86.00 - 88.00.
$MDT positioning for a big breakouthigher time frame is in channel range uptrend looking to breakout strong
mid time frame is showing positive price action- showing higher highs and higher lows along trend line
rising rsi and positive volume pressure-trading above value area showing strong momentum
lower time frame is showing price action showing uptrend with weak correctives moves meaning bulls in control-working way up ascending triangle
trend alignment across the board
"W" reversal formation with a neckline breakout above US$77.60Target will be envisaged around US$80.45, US$82.31 and US$84.17.
Support will be seen around the US$76.24.
MDT - Buy Jul17 77.5 Puts for Swing DownMDT has a fresh down move that was supported at $72.30. The area of support encompasses previous price action the weekly 200sma. Currently, prices have made the first leg of a 2 leg retracement with a 2nd leg in the $77-$78 price level.
The concern with this trade is the bounce off 200sma and previous support may drive prices beyond the $79.50 level of bull/bear battle. In addition, the downside is limited to the previous support.
However, there is still a solid area for a continuation move down and price action if medical continues to weaken as a sector.
Buy Jul17 Puts @ $4.1 and $3.6.
Good Hunting!
MDT - Buy Jun 77.5 Puts @ $4.1MDT broke down with medical stocks at the end of 2016 and has started to pullback. Prices reached support and the 200sma before retracing. Currently, prices have completed 1 leg up and are looking to complete 2nd leg to the 34EMAL.
The downside of this trade may be limited by previous lows and the 200sma, however, there is still enough room to make $$ if prices form a double bottom.
I'm looking to Buy Jun 77.5 Puts between $77.20 and $78.20 which would put prices between $4.1 and $3.6.
First Profit target = $74.20.
MTD LONGHey there!
Generally speaking, I'm testing my new trading system.
IMHO, it is a great experience to write down all your trades, as it is much easier to analyze them later.
Thus, I'm publishing my ideas here. It will be also great if some of my trades will help all of us to get some profits)
I'm also attaching my risk calculations.
Normally, my risk per trade is 3.5% per trade.
It is much easier for me to trade when I understand what is my risk per position.
P.S. Target area is changing depending on entries (as you could notice I use multiple entries). I'm going to update all the data inculding targets as long as the trade remains opened.
Cheerz!
