Momentum is building with this Ascending Triangle. See the live chart action.
Bullish continuation pattern.
Sideways movement between parallel supports.
Market participants tracking Stryker Corporation should note the latest formation. The stock is trading at $330.25, up 3.54% on the day. The primary technical feature is a Ascending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $336.15, targeting $373.91 with support near $306.53 (R:R 1.27).
What is your outlook on SYK?