simplenothing

BSX Trendline support and oversold

Long
NYSE:BSX   Boston Scientific Corporation
bsx
BSX (22.04) just bounced off trendline support going back to 2012. Stock has affinity with it's 50-day MA, which is currently above 23. I would guess stock should at least trade back to 22.80.
Comment:
Stock down a little since I got in at 21.74. Hopefully trendline holds.
Trade closed manually:
Decided to sell for 21.41, small loss. Would have liked to see it strengthen sooner. Not sure now.

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