Boston Scientific Corp – BSX

Boston Scientific Logo

2019-07-07

This trade idea came to me a while ago. I had bought this and was one day from my 7 Day Time Stop. It was on Day 5 the indicators I use looked like it was going to turn downward. I was already down I sold.

I first traded it on 2019-06-20 I placed the order late in the afternoon. On that trade
My cost basis: $41.86
-5% stop: $39.78
+20% Gain: $50.24

I kept that on my watch list and then I bought back in on 2019-07-01. This is a risky position, because earnings is 2 weeks away

My cost basis: $
-5% Stop: $
+20% Gain: $

IBD Rankings 07/07/19
Composite Rating: 96
EPS Rating: 85
RS Rating: 87
Group RS Rating: A-
SMR Rating: A
Acc/Dis Rating: A+
ROE: 26.2%
Debt: 55%
Outstanding Shares: 1390.7m
Float: 1376.7m
EPS Due Date: 07/24/19

Trading for a Living: Psychology, Trading Tactics, Money Management
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

BSX 5 Year Monthly from BigCharts 2019-07-07
BSX 5 Year Monthly from BigCharts 2019-07-07
BSX 2 Year Weekly from BigCharts 2019-07-07
BSX 2 Year Weekly from BigCharts 2019-07-07
BSX 3 Month Daily from BigCharts 2019-07-07
BSX 3 Month Daily from BigCharts 2019-07-07
BSX 3 Month Daily from StockCharts 2019-07-07
BSX 3 Month Daily from StockCharts 2019-07-07