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tradepatiently
Jun 5, 2023 4:08 AM

BSX Entry, Volume, Target, Stop Long

Boston Scientific CorporationNYSE

Description

Entry: when price clears 54.17
Volume: with daily volume greater than 7M
Target: 58 area
Stop: Depending on your risk tolerance; 52.91 gets you 3/1 Risk/Reward.


This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.

Comment

Good volume, just waiting on price.

Trade active

Got volume, got price.

Comment

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Price dropping on descending volume (which is OK) - as long as it doesn't get into that gap, I'll hang on.

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Price still dropping on decreasing volume, so far I'm still in but watching it closely.

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I wish earnings wasn't coming, but it is. I won't hold thru earnings, but am hopeful it get's above my entry for a small profit.

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Sold my shares today before earnings (for a loss) :(

Trade closed manually

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