WHY IS BSX DOWN? STJ IS UP 4%!
Technically speaking, there will probably be more downside action.
I'm not saying now, but it would make the most sense, being so close.
A drop to at least $5.70 will be necessary for some back-filling.
And if/when that happens, that Double-Kiss I mentioned a month ago may very well turn into a Death Cross (Dead Cross).
The Death Cross, Ooohhhh, doesn't that sound scary?
It could happen.