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What makes you think that?52 week low is 5.4110 year low is like 5.15What makes you think it is going back close to 10 year low?The company has greatly exceeded street estimates of earnings over the past year. What is changing according to you?
Look at BSX history short term and long term. You can't ignore it that BSX always puts lower lows and lower highs.New range will be here soon until next even lower ranges.
When market was up in past few days, BSX could not move up or gain anything or too much resistances. Now market is going down in next few days and BSX can't stand red market. BSX needs to go a new lower range.
So it will go perpetually lower forever?It will never form a bottom?I still do not see the logic?Nothing goes up foreverAnd nothing goes down foreverGot anything else to base your decision on???