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Boston Scientific Corporation Message Board

  • learnigisdkey learnigisdkey Dec 19, 2012 12:40 PM Flag

    BSX is under accumulation

    Accumulation/Distribution is B- (E to A), Head & Shoulder bottom has formed and is symetrical with confirming volume (it needs breakout over the neckline at about 5.90), a PE of 9 vs 15 for S&P500, volume is bullish, five years has passed from the major blunders...

    Now, none of the above is meant to say stock price is going higher. But, for my money, similar setups have resulted in positive moves. Perhaps, this one will not go! Time will tell.

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