Confirmed cup and handle pattern on BSX chart
Updated
Hi,
please see the following chart pattern, that has been confirmed in the last weeks.
Accordingly to the rules of the pattern, the price target is about 70$.
If doesn't will come a market crash, there is a good opportunity, to reach the TP.
The price action is supported with the AI hype, that is easily possible, that we will become a news, that a company will cooperate with BSX, to integrate his technology in the robots. So an infomration could indicate a price action, that could push the price to the tartget, or above them.
BUT, that all is just spculation.
Please take care, that this is absolutely my opinion, and not an financial advise. In every chase take your research, and analyse.
Be careful and good luck!
BR,
T
please see the following chart pattern, that has been confirmed in the last weeks.
Accordingly to the rules of the pattern, the price target is about 70$.
If doesn't will come a market crash, there is a good opportunity, to reach the TP.
The price action is supported with the AI hype, that is easily possible, that we will become a news, that a company will cooperate with BSX, to integrate his technology in the robots. So an infomration could indicate a price action, that could push the price to the tartget, or above them.
BUT, that all is just spculation.
Please take care, that this is absolutely my opinion, and not an financial advise. In every chase take your research, and analyse.
Be careful and good luck!
BR,
T
Note
Just on the way to the Target price...Against the uncertainties on the market, this item seems to be strong enough, to finish the moving accodding to the pattern.
Trade closed: target reached
Done :)
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