As seen in the above monthly chart MDT (FusionIQ Master Score 26 out of 100) shares are on the verge of a big collapse if they close below $ 35.00 as this would be a major breach of support (red line) after breaking its long-term uptrend (green dashed line). Now there may be an attempt to hold or bounce it from support but any sustained time below $ 35.00 opens prices to $25.00 (black line) then ultimately a longer term target of $ 14.00 (blue line). |