Shares of Medtronic were up 4.29% to 52.98 , yesterday Piper Jaffray upgraded the stock from "market perform" to "outperform". Looking at the chart stock gained today some momentum however to entry in the stock I would like to see it above 54$, the actual major resistance before that I'm out.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.