BSX trade ideas
Big Potential to BOSTON SCIENTIFIC CORPHello people, BOSTON SCIENTIFIC CORP is really in an important moment, possibility that it goes higher than expected, see how the stabilization zone of the last two days breaks.
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There's Nothing Scientific about a Momentum Burst!What I see...
+ MACD is cutting upward in bullish zone
+ RSI is rising at 56.8
+ Nice hammer ended the week at just under the top of the channel
+ Prices have been range-bounded in the past 2 months
+ Very high vol. -2w
+ NR7 on -1d
:: I would like the prices to move sideway for a bit longer to wait for the 10ma to pull up
:: I'm setting up an entry just in case it breaks out with little warning
- Price has drifted a bit away from the 10ma
- First Resistance at range high set in mid-April; Second Resistance at 200ma
- It's been multiple up days in a row
What I setup
+ Long entry above range
- Stop at bottom of the doji on -1d
+ Target at 44
:: Duration - months
** Comments and Likes are appreciated; New Subscribers are scientific! **
$BSX Nice big wedge starting to break out.Plenty of recent buy volume, along with a big wedge starting to break through, looks good.
Long Idea: Breakout Based6/Sep/2019 10:27 AM
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Breaking out of multi month darvas box here.
Long timeframe idea. No price projections but one could use fib extensions to generate some if desired.
Stop is half way of the range we are breaking out of.
No position
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Boston Scientific Announces FDA Approval Of ImageReady(TM) MRI FBSX: Boston Scientific Corporation
2019-08-19 17:39:00
Boston Scientific Announces FDA Approval Of ImageReady(TM) MRI For Vercise Gevia(TM) Deep Brain Stimulation System
Short the Red box :OWe have a good shorting Opp here. Its showing signs of reversal on most timeframes especially the larger ones such at the Month, Week and Daily.
Noone can see 3-4 years into the future right? Well I'm no different so dont take this as financial advice more of just a hey this looks ok to me sort of thing. Ive taken the time to give you a Fan, a Triangle, and major resistance and support levels on larger time frames. Take the time do your own research but hope this helps guide some in the right direction Enjoy :)
Purple is Monthy
Yellow is weekly
White is Heavy resistance/support lines due to large moves up/down
Red Box: Short Area
Overall Target it is 18-19, with potential to break through to 7-8
$BSX BOSTON SCIENTIFIC HAS TROUBLE AHEAD.Yesterdays enforcement by the FDA for BSX to remove one of its products from the market is a significant blow to BSX and has sent investors running scared. Fears from legal actions by clients are a definite and real possibility which will send the price into further correction in out opinion.
Apr 18 - BSXBSX 18-Apr-19
IV30: 30.6, IVR: 76% (Elevated)
Bear Call Spread / Call Credit Spread
+0.26D Long 1 Call: 42 Strike @ $0.50
-0.36D Short 1 Call: 41 Strike @ $0.77
-0.10D Credit: $0.27
Highest OI at 45 Strike
Boston Scientific Receives U.S. FDA Approval for the Eluvia™ BSX: Boston Scientific
2018-09-24 06:45:00
Boston Scientific Receives U.S. FDA Approval for the Eluvia™ Drug-Eluting Vascular Stent System
Update 2: $BSX shenaniganAlthough kind of late, but please let me mention here:
I added 2019 Jan calls on $BSX today.
old resistance (Red pivot) become new support
Update: $BSX shenangianthis is the most scary kind of move- going back above the upper pivot again after the shenanigan. MFI looks strong.
If this close above the red pivot today, I will get into the game again with a very small call position, but if anyone behind the shenanigan decides to take my money away, he/she gets my applaud for outplaying me.
