SYK breaking out once again with higher volume!
* Exceptional earnings year over year
* Very strong up trend
* Breaking out of a 4 month consolidation period with 63.09% more volume than average
* Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well!
* Probable ROI is 12.98% if the trade goes in our favor
Trade Idea:
* This is a great time to get in as it's breaking out for the second time after using the $268 area as support that made a higher low!
* Very strong up trend
* Breaking out of a 4 month consolidation period with 63.09% more volume than average
* Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well!
* Probable ROI is 12.98% if the trade goes in our favor
Trade Idea:
* This is a great time to get in as it's breaking out for the second time after using the $268 area as support that made a higher low!