EBGtrader

BSX - Short Idea

Short
EBGtrader Updated   
BATS:BSX   Boston Scientific Corporation
I believe BSX had a good run up the past couple of weeks. And by looking at how its finding resistance at the top key levels, I expect to have a potential move down to $54 area. Again, risk management is key. Expected return vs risk is important. Always keep that in mind. The markets are choppy so you got to be careful on your entires. Ill give it til beginning of next month to hit target if it does. And if it doesnt, its all good. Risk to Reward is 1:3.

Best of luck!

#options
Comment:
Not much gained on this trade

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