The high of October has been re-tested today. It serves as support now and is valid the more as is coincides with the 2 38% Fibonacci levels. A correction of the December decline seems to be likely.
Trade closed: target reached:
Sorry, I have closed the position already with good profit. I had intended to hold it longer but as BSX came back fast immediately I decided to take profit. The bias remains long and I will open another long position as soon as it look favourable, possibly next week.