BUY! STRYKER CORP (SYK) NYSE

  Report No. 2147    Analysis by: Harry Aloof     DECEMBER 5, 2005

STRYKER CORP (SYK-NYSE): Technical Viewpoint: From a low of $39.74 on Oct 27, 2005 prices rallied, reaching a high of $45.40 on Nov 11, 2005. A decline saw prices pull back, reaching a low of $42.81 on Nov 17, 2005. Another rally saw prices penetrate resistance, closing 12/2/05 at $46.31. Technicals: MACD Index (MACD): A Buy Alert! was given on Nov 2, 2005 when the solid line crossed the dotted line to the upside. Support: Remains at $44.00. Resistance: Is at $47.45. Point & Figure: Reversed to the upside on Nov 2, 2005. A P&F upside reversal takes place at $44.00. Summary: Technical indicators have turned bullish. BUY! STRYKER CORP (SYK-NYSE) @ $47.25 Stop: Use a protective stop of $45.25. STRYKER CORP is currently trading @ $46.31 plus $2.41 on Dec 2, 2005. Price Objective: $58.50. Risk/Reward: $2.00 VS. $11.25. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$58.50 Risk/Reward:
$2.00 VS. $11.25 Risk/Reward Ratio:
6:1
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