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Thomasson1212
Jul 17, 2023 6:11 PM

Confirmed cup and handle pattern on BSX chart Long

Boston Scientific CorporationNYSE

Description

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

Comment

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 :)
Comments
zAngus
Hello, well done on working out how to share ideas. We hope you found it an enjoyable process. Thanks for sharing with the community.

From mod @zAngus
Pandorra
well done 👍
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