Medtronic

  • MDT

  • $79

  • +1.26%

  • $79

  • $79

  • $78

Ticker Appearances

Tue, November 21, 2023 | 3:39PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
Tue, November 21, 2023 | 3:39PM ET
MDT 1.26%  Medtronic is another healthcare name making a strong showing in Tuesday's trading, higher by 4.63% to 78.64, and along with WAT, MTD, A, XRAY, TMO are providing a big lift to Healthcare in today's session. Overall, technically there are reasons to be more optimistic about MDT given the break of the downtrend from August along with the ability to have recovered prior lows from December 2022 with 30 min left in today's (11/21) session. I expect a technical lift to the mid-80s before some consolidation takes hold. A great rise today and looks set to close near the highs of the session which is encouraging towards additional upside progress
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