Cynosure (NASDAQ: CYNO) Chart Says This Medical Equipment Stock is Poised for a Big Rally

Health care stocks rank among the biggest winners of the current bull market, and one subsector that has shown significant outperformance in the past six months is medical equipment makers.
Since many of the stocks in this group have already made big runs, I am on the lookout for fresh chart pattern breakouts.
Aesthetic and medical device maker Cynosure (NASDAQ: CYNO) fits that bill. The company makes devices to treat various skin and vascular conditions, including tattoo removal and cellulite treatments.
On the charts, Cynosure has been trading in a very wide long-term trading range between $21 and $31.50, in round numbers.  (more)

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