A clean Rounding Bottom often precedes a big move. Validate your entry.
Gradual reversal from bearish to bullish.
Traders are watching Medtronic (MDT) as price action tightens. Price has moved to $79.34 (1.54%) amidst recent volatility. Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.71x avg) with moderate trend strength (29.8). A potential breakout level is identified at $82.83, targeting $92.35 with support near $78.07 (R:R 2.0).
What is your outlook on MDT?