short to buy level weekly support $46
On April 6th, Medtronic announced that they will produce ventilators in Foxconn new Wisconsin plant. Stock price shot up high. Unfortunately, a bearish RSI has appeared and also Medtronic promises to keep the ventilators' price lower than normal pricing before the pandemic. What if covid-19 started to decline and the demand for ventilators rapidly decline? ...
We traded some calls here last week but looks good for another move up. will look to enter tomorrow
Quick 10% trade setup W bottom
Nearly at major support on the weekly. Strong company and a good rebound candidate.
Bottom picking for the win here!
MDT: Medtronic plc 2020-01-21 12:01:32 FDA Approves Medtronic Micra™ AV, the World’s Smallest Pacemaker Which Can Now Treat AV Block
FUll repeal of Medical Device Excise Tax , should improve revenue. Going LONG
The stock price created a bull flag pattern, more visible on the weekly chart. This is the daily chart which provides a zoomed-in look as the price has consolidated following its flag breakout. Now that the bullish momentum seems ready to continue I have labeled my three potential price targets I'm aiming at. Note the lack of established volume above the current...
The momentum is high so that another decline may be expected.
Hey Friends! Cardiovascular disease is the biggest killer in the world... And it's responsible for one of every three deaths in America. The leading medical solution to this deadly problem is installing an artificial pacemaker. These devices detect and fix irregular or abnormal heartbeats, called arrhythmias. Market research firm Statista says that more than 1...
We rushed through the mid October 107.43 low and are facing lower prices now.
We have opened with a gap down and heavy pressure.
=====TARGET PRICE $115-$118=======. Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group. The...
With the market down today, MDT doesn't care... It's breaking tested, heavy resistance at all time highs. Technicals look great as well. *Check chart for more info*
We got a retracement of the fall at the opening of the day and the capital that has flown in seemes to have been speculative. It is leaving now ahead of the end of the day.
Good Morning, as we can see NYSE:MDT is in an uptrend and an ascending channel since December 2009, as long as this trend is not broken i would not worry and i will keep my position, the growth has been stable and it looks like a very solid company, the price it is above all its MA, i would only worry if the prices comes lower than USD80.