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Abbott Laboratories, Boston Scientific, Medtronic and MAKO Surgical Under StockCall's Microscope

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Mon Mar 4, 2013 8:03am EST

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LONDON,  March 4, 2013  /PRNewswire/ --

Markets remained strong throughout last week despite concerns about spending
cuts. Broader market indices remained bullish and The Dow Jones closed the week
at 14,089.66, up 0.25 percent while NASDAQ was up 0.30 percent to close at
3,169.74. Similarly, S&P also ended at a positive note at 1,518.20, up 0.23
percent. Our research team took a look at healthcare sector, more precisely at
the Medical Appliances & Equipment industry which includes major companies like
Abbott Laboratories (NYSE: ABT), Boston Scientific Corporation (NYSE:BSX),
Medtronic Inc. (NYSE: MDT) and MACO Surgical Corp. (NASDAQ: MAKO). StockCall has
released full comprehensive research on ABT BSX MDT and MAKO and these free
technical analyses can be downloaded by signing up at

http://www.stockcall.com/technicalanalysis

Abbott Laboratories stock closed at  $33.60, 0.56 percent lower, on Friday. The
stock traded in the range of  $33.55  and  $33.91  during the session and is
currently below its 20-day moving average price of  $33.62. It traded 14.60
million shares, in comparison to its usual daily volume of 12.90 million shares.
Abbott Laboratories gained 2.6 percent so far this year. Its Price/Earnings
ratio is 8.96. Abbott Laboratories stock is in a neutral phase and its first
resistance level is at  $33.69. On the downside, its first support is at 
$33.45. Upon breaching this level, its second support level is at  $33.06. Free
technical analysis on ABT available by signing up at

http://www.StockCall.com/ABT030413.pdf   

Despite its downward movement in the latest trading session on Friday, Boston
Scientific Corp. is still up 28.62 percent for the year. It has gained 22.83
percent in the past 52 weeks. The stock closed 0.27 percent lower at  $7.37  on
volume of 15.93 million shares. Its average trading volume stands at 26.09
million shares. Boston Scientific shares currently face resistance at around 
$7.70. The stock has support at around  $6.90. It is currently trading above its
50-day moving average price of  $6.78, which is a bullish signal. Register today
and access the free research on BSX at

http://www.StockCall.com/BSX030413.pdf

Medtronic Inc. traded in the range of  $44.51  and  $45.31  during its previous
trading session on Friday. It opened at  $44.80  and closed at  $45.23, up 0.60
percent. The stock is currently in a neutral mode and it has a first resistance
level at  $46.25. Upon breaching this level, Medtronic may go as high as 
$47.33. The stock traded 4.37 million shares and is currently above its 20-day
moving average price. Its first support level is at  $44.76, while its second
support level stands at  $43.88. So far in 2013, the stock is up 10.26 percent,
while it gained more than 19 percent in the past 52 weeks. The free report on
MDT can be downloaded by signing up now at

http://www.StockCall.com/MDT030413.pdf   

Despite the upward movement shown by broad market indices, MACO Surgical's stock
finished 0.31 percent lower at  $12.75, with volume down from daily average of
1.34 million to 1.25 million shares. MACO Surgical Corp.'s stock lost 0.78
percent value so far in this year. However, the stock currently shows a neutral
trend which is further confirmed by the stock's MACD chart. The company's shares
have first support level at  $12.16. Upon breaching this level, the stock may
tumble down to  $10.89. In the coming trading sessions, the stock is likely to
go as high as  $13.28. Its second resistance level is at  $13.84. Free report on
MAKO can be accessed by registering at

http://www.StockCall.com/MAKO030413.pdf   

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