TRADING TIPS

BSX Looks Like it Wants to Go Lower

Hubert Senters here. Let’s take a look at BSX, Boston Scientific Corporation sold off. You can see this little I guess you call it rectangle. That’s not a square. Square would be so that’s a rectangle. Back to third grade. I don’t know when you learn shapes. Maybe I was just slow. Anyway, nice little breakout through to the downside. Now, I know I didn’t encapsulate this little candle here but they made it neater here. BSX looks like it’s in trouble to me technically. I believe it’s going to drop down to $38 and maybe even $34.68 so add it to your watch list of things that looks like it wants to go lower. Mark Helweg is going to be doing a special webinar next week on ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction’’ The sign up page is right there in front of you. It’s going to be Tuesday, October 1st at 8PM EST. Good luck. Hope it helps. See you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *

Share:

Facebook
Twitter
LinkedIn
On Key

Related Posts

Get Reports From The Trenches on What’s Working Now
Twitter Facebook

 

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.