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malteseinvestor
@malteseinvest
Analysis: #NYSE $BSX

Case 188 #Boston_Scientific Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#BSX 1/4
Chart 1
Monthly Chart: A failed attempt to close above 46.10 has created a double top and price reacted violently to the down side breaking below the daily #trendline support at 40.00 and now targeting the May low 34.35, further down #pivot support at .....

BSX 2/4
..... 31.52 then long term trendline #support at 29.15. The long term trend is still #bullish and the main objective remains 70.00.

BSX 3/4
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#Boston_Scientific #support #Strategy #BSX #pivot #NYSE #bullish #trendline

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