Satış
Conmed ignores recent rally and builds bear flag
Fundamentals:
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures
Technicals:
CNMD ignored recent rally in 
SPY, showing that it is relatively weaker. We are in major Head&Shoulders pattern with major support (neckline) at $36. Price has built a bear flag and break lower can lead us to this major support and probably break down.
Trade and Risk Management:
Break of $38.80 will trigger an entry Short with tight stop above $40. Potential target is $34.30
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures
Technicals:
CNMD ignored recent rally in SPY, showing that it is relatively weaker. We are in major Head&Shoulders pattern with major support (neckline) at $36. Price has built a bear flag and break lower can lead us to this major support and probably break down. Trade and Risk Management:
Break of $38.80 will trigger an entry Short with tight stop above $40. Potential target is $34.30
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.