BSX is long, i will wait the price go back 27.80 or 27.90. I could not evaluate this stock a lower price because it is hot ( the price is close my MA 30, which means price continue up, RSI is near 60 , and there is no short signal). it is good to keep longer
model provides 90% probability that $BSX will remain above $27.21 by end of today. $27.21 key support level for $BSX $BSX
Boston Scientific up with volume, heading to new highs, support 24.8
Short BSX at $26 as it is overbought and will be pulled back soon.
BSX Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel Entry Target Criteria- Retest overhead resistance at $21.47 Exit Target Criteria- $17.13 Stop Loss Criteria- $22.13 Indicator Notes- huge drop in Twiggs Money Flow Special Note- we would consider February $20.00 Puts currently @ $0.68
BSX (22.04) just bounced off trendline support going back to 2012. Stock has affinity with it's 50-day MA, which is currently above 23. I would guess stock should at least trade back to 22.80.
Chart very bullish with strong sentiment and positive press. Should continue to trade in Bullish pattern.
Nice wave rotation, bounce off the EMA's. Orcun in this trade
Bearish divergence.The nearest support is far enough.
backtest indicates that an intersection of ema ema 8 with 15 in 65% of cases bullisch. The MFI in positive and there is room to run. MACD crossing up.
BSX is reaching the big resistance soon. If the market is going down next week. It's not a bad idea to short this stock.