A Curated Platform of Equity & Options Market Intelligence
Select Page

Member Content

MedTech Leaders Shapes Coiled Bull Flag Setting up Breakout

by | Oct 10, 2024

Medtronic (MDT) shares of the MedTech name are coiling bullishly near recent highs and has a looming MACD bull cross momentum has shifted higher and prices closed back above the 8-day EMA Thursday. A follow-through higher should test 90 quickly with a close above that value high level likely moving towards new highs at 94 where an untested VPOC sits overhead from 2022. MDT still has the large 5750 Nov 1st $86 short puts in open interest from the opening seller last month showing confidence in being long this month at that level.

Not a Member yet?
Subscribe to
OptionsHawk Premium
Subscribe

Options Hawk Max

$399 | 30 days

  • Options Hawk Trading Hub Live Chat
  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • Live Mock Portfolio
  • 1 on 1 Access
  • Hawk’s Trader Toolbox
  • Street Research
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • Weekly and Monthly OpEx Sheets
  • Notable Options Database
  • OptionsHawk Quarterly Market Brief

More About this Plan

Options Hawk Elite

$199 | 30 days

  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • OptionsHawk Quarterly Market Brief

More About this Plan