Boston Scientific Corporation (NYSE:BSX)
Old Forum Content for BSX
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- Henry: $BSX up against resistance, np
- limes141: @Dan $ALAB. Hi Dan, can we put your teaching from last night to work with $ALAB, as you taught us with $BSX on risk reward entry. My analysis with $ALAB at current entry is there is more downside (to the 21 ema or bottom at 160.85 than upside with resistance around $199). And given the seasonality we are entering, it is a no go despite it looking like it is making the right side of the base, and almost a HTF formation?
- DAN: @limes141 $ALAB $BSX I think that's a good analysis. As I see it, the stock can certainly go to $200. Still 40 minutes to go in trading and the volume is higher than the previous 3 days. So it might have some juice. But you've got your risk defined. From here, you've got to assume the upside is about $10 bucks (~5%). If that's the upside, then your risk needs to be no more than 2.5% to make it a potential 2R trade (a reward twice as much as risk). I don't see that kind of setup on this one.
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StockMarketMentor: Adding Boston Scientific ($BSX) to the ATI List.
I've been watching $BSX since last Friday's high-volume rally that ramped more than 2%, just waiting for some follow through. Earlier this morning the stock pushed through 106.68 (last Wednesday's ... - ReneeH: @StockMarketMentor $BSX $NVDA This is why I love your setup analysis thank you! I've been contemplating what my target would be and if it "makes sense" to allocate the capital. Each of us has to embrace our own style, gonna have to pass here dawg. Great validation for me.
- ManSim: @StockMarketMentor $BSX $NVDA Will the recording of this training session be posted later today? Thanks!
- Bert953: $BSX sitting between the 8 and 50dMA's. I tried to buy Aug 105C for July 23 earnings run but didnt get a fill.Too bad, so sad. Its back down at the 50 again.
- billyzeke: My alert on $BSX just went off
- Bert953: $BSX former ATL member recovering the 8dMA after selling off. Also 2 recent IPO's above the enthusiasm highs $IVES and $PCAPU.
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StockMarketMentor: ...
$BSX -- Stopped out for a very small 1.8% loss. This trade had been working reasonably well. But today's stop violation triggers my rule of never letting a gain turn into a loss. We've got a small loss here, and that's acceptable. Bigger losses ... - peterd: $BSX (Boston Scientific) which is on the ATL is 0.6% above where we entered into the trade on 5/15 $BSX currently is in a volatility squeeze with 5% Bollinger Band Width Peter
- Bert953: @StockMarketMentor $SUPV I missed when u added $SUPV to the list, but I can see why you'd want to cut er. $BSX looks like a pretty good squeeze/money maker pattern. $SWKD bounced off the 21, and also clearing the 8dMA. $LRN a removed name from ATI looks like it could awaken if it regains the 8dMA. It could also squeeze and stay in this range for awhile. No positions in any of these. Any thoughts?
- vitoB: Of course I sold out of all my $SOXS at the close .... any way it's gonna be a fun Friday before the weekend. Buy the scary news and hope it's better over weekend. Or more people want to get out to wait for 5700 ...we'll see. 59ers . $DECK $ROST $BURL lookin to trade / build positions in $ANF and $DOCU $NKE. $INTC Fade $LULU $SFM $BSX
- woodman: @vitoB $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX - Buy Dramamine.
- vitoB: @vitoB $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX ... focus on $DECK pulled guidance but upped buy back to 2.25 billion. That's 12% of the market cap. Could be a better trade on Tuesday def wait 5-15 min
- vitoB: @woodman $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX .... is that you're way of saying I'm doing too much today?
- woodman: @vitoB $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX - Just saying this Market continues to be held captive by what Trump says/threatens and his daily announcing of "policy" with his two thumbs. Market goes up, then rug-pull ... rinse and repeat. We can be the greatest chart readers in history, but it's impossible to stay ahead of the chaos.
- bigreek42: @woodman $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX you really need to take profits quickly in this market
- vitoB: @woodman $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX I've been getting in and out of positions much quicker. Dtadeing has been great. Def not a market to press longs imo
- woodman: @bigreek42 @vitoB - $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX - good points both of you.
- joelsg1: @woodman $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX Yahoo news today printing article from Women's Health that antihistamines like dramamine cause dementia, which I suppose is a valid strategy for playing follow the dear leader with this market.
- woodman: @joelsg1 $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX - Hmm, I use antihistimines during the high pollen season, like now. It may explain some things.....
- joelsg1: @woodman $SOXS $DECK $ROST $BURL $ANF $DOCU $NKE $INTC $LULU $SFM $BSX Worst of these older drugs per article are Unisom, ZzzQuil, Benadryl, NyQuil and Dramamine.
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StockMarketMentor: ...
$BSX -- pulling back just a bit today, but still above our 104.63 entry. This is still a bit rangebound and might not work out. Current stop is at 102.75 to lock in a worst-case outcome of -1.90.
All other stocks are status quo.
REGISTRATION ... - bigreek42: @StockMarketMentor $CHWY $AGX $SEZL $MSTX $HOOD $BSX isnt $spot on the ATL?
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StockMarketMentor: ...
$BSX -- No change here. Basis is 104.63 with a stop level around 102.75. Our profit on this is so thin at this point that it doesn't even count.
Note that the stops are "suggested levels." They are not iron-clad, line-in-the-sand sto ... -
StockMarketMentor: ...
$BSX -- Added yesterday at 104.63. I noted that I might be a bit early on this, but a starter position is not a bad place to start.
I'll be adjusting stops later this morning.
--Dan
- StockMarketMentor: Adding Boston Scientific ($BSX) to the ATI List. Basis: 104.63 Stop area: 102.75 (just below today's low). The stock is setting up in a "handle" pattern on a multi month Cup & Handle. This is just starting to move and we may be a bit early. As such, I'm suggesting a tight stop just below today's intraday low. That is a risk of less than 2%! I'd put current resistance at ~105.70. If the stock completely retraces today's move, then this trade doesn't work. --Dan
- woodman: I lifted this from elsewhere - all these stocks hit new all time highs at some point today: Netflix $NFLX MicroStrategy $MSTR Salesforce $CRM Honeywell $HON ServiceNow $NOW Royal Caribbean $RCL Spotify $SPOT Delta Airlines $DAL $ADP Boston Scientific $BSX Cardinal Health $CAH Electronic Arts $EA Emerson $EMR Eaton $ETN Fair Isaac $FICO $FOX Fortinet $FTNT Godaddy $GDDY Interactive Brokers $IBKR Ingersoll Rand $IR Leidos $LDOS Cheniere $LNG Live Nation $LYV Marriot $MAR $NU Sprouts $SFM Nuscale $SMR Stryker $SYK Tempus AI $TEM Targa $TRGP Viking Holding $VIK
- Docoof: $BSX ATH
- DougL: @brucec $SWAV - potential buyout from $BSX
- Docoof: $BSX ATH
- Docoof: $BSX Still going. New ATH.
- Docoof: $BSX Still going up. ATH.
- Docoof: $COTY 1-yr high $BSX ATH
- Docoof: $BSX Continues to make new ATHs.
- DonB012521: I wanted to see what the forum thoughts are on $BSX Boston Scientific Looks like in a squeeze, right at the 50Day, at the bottom of the Bollinger Bands. id=s this a good entry point? Thank you for your attention with this
- scottrades: @DonB012521 $BSX Looks a bit loose to me. 8% Range in the last week or so. Here's the weekly resistance.
- DonB012521: @scottrades $BSX Thank you
- Docoof: $BSX looks like it’s breaking out on the weekly.
- Docoof: @bRobert $DXCM $TNDM $PODD $UNH $GH $HCA $THC One more? $BSX
- bRobert: @Docoof $DXCM $TNDM $PODD $UNH $GH $HCA $THC $BSX Multi year consolidation base $50/$52+ Not a barn burner but going higher
- Docoof: @bRobert $DXCM $TNDM $PODD $UNH $GH $HCA $THC $BSX Thank you.
- Carpe_Diem: $BSX - The gift that keeps on giving. I have been long for a very long time - Boring (See Chart) This looks to be breaking out .... As it does every so often.
- Sher: $BSX - Nice reversal (day 1 of phase 3) after recent PB to the 50-day - Long Sept. $44 calls, which are up nicely (112%), today - 12 analysts have them as a "strong buy". $MDT (reported this morning and beat on both earnings & revenues) has 17 strong buys, currently - Chart looks just like $BSX's - Both are going much higher... little to no resistance above for either.
- Banner: $BSX trying yo break to upside
- Banner: $BSX wanting to break to the upside
- Banner: @bRobert, what are your thoughts on $BSX? Tested the 50 DMA a couple of times, at 8 and 20 DMA, seemto be squeezing, but trading a little erradic
- Banner: $BSX HOD, squeezing and getting read for leg higher
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Sher: $BSX - Nice reversal off 5-26-21 PB, following Needham downgrade to "hold" from "buy".
I'm going with Barclay's take on the industry...
Barclays sees "renaissance" in medical device industry
May 25, 2021 2:07 PM ETABT, ... - ScottT: @Sher $BSX $ABT $EW $ZBH $DXCM $PODD $CNMD $INMD With the pandemic coming to an end I can see hospitals and consumers spending in this sector.
- CraigReynolds: $BSX Posting a "Wow" game for my option play.
- stairm01: $BSX Is breaking above the upper BB. NP
- Snowcat: $BSX appears to be breaking out of a long base or moving up from the bottom of the channel. Anyone interested in commenting?
- tjv821: @Snowcat $BSX looks like it’s found a nice base but isn’t making you any money yet. Prob some better choices out there
- JosephM: $BSX....any thoughts? Healthcare looks primed. Looking at these ETFS $IHI, $XLV, $IYH, $FHLC, $XLV,...they all look real nice. What looks best in healthcare?
- Herb: @issues $EBS $CI $CONE $CRUS $DPX $DQ $ENVA $ICHR $FOCS $GDDY $GO $GSX $KBH $LAKE $MDC $NSIT $PCRS $POWI $QDEL $SIMO $TNK $XP $ZM $AMN $AYX $BAH $BLK $BRBR $BRO $BSX $CHGG $COLD $CTRE $DXCM $ENV $FND $PFSI $RNG $RP $EPAY $SITE $STAG $TEAM $TTD $VAR $AMZN $GOOGL $CABO Thanks. Are $DPX and $PCRS correct symbols?
- issues: @Herb $EBS $CI $CONE $CRUS $DPX $DQ $ENVA $ICHR $FOCS $GDDY $GO $GSX $KBH $LAKE $MDC $NSIT $PCRS $POWI $QDEL $SIMO $TNK $XP $ZM $AMN $AYX $BAH $BLK $BRBR $BRO $BSX $CHGG $COLD $CTRE $DXCM $ENV $FND $PFSI $RNG $RP $EPAY $SITE $STAG $TEAM $TTD $VAR $AMZN $GOOGL $CABO Herb! Thanks for bringing that typo to my attention. The correct symbols would be DPZ (always had trouble typing that Z.) and PCRX (trouble with my little finger typing the X also.) I didn't think anyone read it. At least you did. Thanks!
- issues: On the IBD 50 list is $EBS - develops vaccines against biological agents that are potential weapons. New this week on IBD 50: $CI $CONE $CRUS $DPZ $DQ $ENVA $ICHR $FOCS $GDDY $GO $GSX $KBH $LAKE $MDC $NSIT $PCRX $POWI $QDEL $SIMO $TNK $XP $ZM Many seem related to the overblown Corona panic... Off the IBD 50: $AMN $AYX $BAH $BLK $BRBR $BRO $BSX $CHGG $COLD $CTRE $DXCM $ENV $FND $PFSI $RNG $RP $EPAY $SITE $STAG $TEAM $TTD $VAR Cramer said he expects another down draft this week sometime that will drop below the low on Thursday. I put in low limit orders (small number of shares) on $AMZN $GOOGL and $CABO
- Herb: @issues $EBS $CI $CONE $CRUS $DPX $DQ $ENVA $ICHR $FOCS $GDDY $GO $GSX $KBH $LAKE $MDC $NSIT $PCRS $POWI $QDEL $SIMO $TNK $XP $ZM $AMN $AYX $BAH $BLK $BRBR $BRO $BSX $CHGG $COLD $CTRE $DXCM $ENV $FND $PFSI $RNG $RP $EPAY $SITE $STAG $TEAM $TTD $VAR $AMZN $GOOGL $CABO You bet.
- issues: The IBD 50 has more than half replaced: New on IBD:$AFYA $ARE $AYX $BABA $BAH $BRBR $BSX $COLD $CTRE $DBX $FND $DXCM $EBS $HDB $IIPR $NBIX $NXST $ORCC $PAYC $PENN $PFSI $RGEN
- Bridget: $BSX at the top of the range once again. Will it break out this time. So far not a lot of volume.
- jthomas575: @Bridget $BSX Thx Bridget, took a position @ 43.65 based on the volume and break out above 43.6
- Bridget: $BSX looking close to breaking out to the upside from this squeeze. 50dMA has cauught up
- bRobert: @Bridget $BSX Long and patient .
- CraigReynolds: @Bridget $BSX Was looking at BO $43.50 to buy. Just afraid to enter until it breaks out. What is your BO level. Just missed lower entries, the way market is performing, kind of worried..
- Bridget: @CraigReynolds $BSX I don't want to buy on the breakout, I want to buy near the mean. I started a small position this morning. Using lower BB as the stop. If you buy on the breakout, at $43.50, then use the midpoint of the squeeze as your stop.
- CraigReynolds: @Bridget $BSX Thanks
- bRobert: @CraigReynolds $BSX I don't buy breakouts. I prefer to buy closer to support . Start as a swing trade . Consider partials at top of range. Add on pullback bounces after a confirmed breakout . OR . wait for the breakout. Look for the retest/phase 2 . Buy the phase 3 bounce . Breakout is confirmed
- CraigReynolds: @bRobert $BSX Thanks, understand. You have explained this time and again and makes so much since. It is getting into my mind set. Trying for good entries, and in past when I asked Dan about entry, he has always told me I should nave waited for break out of box. Just seems I do not buy at good entries, yes hindsight is a good educator. At entries, I do set stops. All my entries are small no matter what. Buy small on pull back to mean, add with box breakout---.Thanks again
- bRobert: @CraigReynolds $BSX I buy the bottom of the box and add on the pullback above the top of the box/prior trading range. They all work as long as you define risk to limit losses. Buying the bounce off bottom of the box gets you involved in a low risk swing trade. to start. I don't assume it will break out. I take partials at the top of the range and tighten up my stop on the remainder . If it breaks out, I'm involved with profits from a low cost entry. If it pulls back , I'm stopped out with profits
- Robert1965: @Bridget $BSX for stop at LBB what chart are you using the daily at 5min
- Bridget: @Robert1965 $BSX daily
- Sluggo: @bRobert $BSX Why are you buying when it is still in consolidation? I see it is riding the intertwined 8MA and 20MA. I do this once in a while if the fundies are dynamite, but I normally wait for the breakout.
- Sluggo: $BSX @bRobert I do see that this is a VERY low risk trade while waiting for it to pop. The risk is well defined within $1. OK....
- spmeyers: @CraigReynolds $BSX "Pullback trading" is generally recognized as lower risk than "breakout trading". But it's also true that some of the great traders (Minervini, O'Neil)-- as well as Dan -- wait for breakouts that meet certain criteria (when market conditions are supportive). There are various approaches to adding to a pullback position. Dan has a good video specifically on this type of setup (he doesn't call it 'pullback', I forget his term) -- I think the video title is "my two favorite setups" or something like that
- spmeyers: @bRobert $BSX so you don't add when/if phase 3 achieves a new breakout? I think adding then is the conventional wisdom.
- bRobert: $bsx. Set up. Long
- bRobert: $SYK . poking out . $ZBH . nh . $BSX . nice base . set up $EW . High base . following earnings pop . Very strong. Easier to hold . Partial left
- bRobert: $BCO . Quickly recouping $100 target $ZBH . $SYK . $JYNT .(reports tonight) Joints . are smoking $MASI $MDT . $BSX . Steady holds . $ISRG . coming back .
- bRobert: $SYK $MDT $BSX $MASI Quality med devices $TLT Trailing stops up $MCD $SBUX Slept through the pullback
- BocaRick: $BSX down 2.4% but 20MA is holding so far. placed stop below 42.
- bsnceo: @jwstich $LABU $BX $IBB - should have said $BSX
- bigbartabs: @Robert1965 $ANTM $BSX $CI $HCA $THC $UHS $UNH $WVE $PCMI … Small Cap $RUT $IWM getting killed today due to healthcare. Really feeling the Bern.
- millcreek: $BSX shorted at $37.70. Still going down
- Kasey: $ANTM, $BSX, $CI, $HCA, HUM, $THC, $UHS, $UNH, $WVE, All these (and more) HEALTHCARE stocks hit bottom 3rd Bollinger Band this afternon. Also $PCMI (I.T. sector).
- Robert1965: @Kasey $ANTM $BSX $CI $HCA $THC $UHS $UNH $WVE $PCMI FREE Health Care YEY Bernie
- bRobert: @kt4000 $EW Great company. The addressable market for TAVR is growing rapidly. There will be more competition from $MDT $BSX but there is more than enough to go around. They are the one to beat.
- scottrades: $BSX hit a new 52 Week High on Friday. No Weekly Higher Low has been set but there is some good support on the daily chart.
- bRobert: @scottrades $BSX I"m an owner. Also like $MDT $100+ $ABMD Very high targets from reversal pattern in motion $400/$420 WEEKLY MACD cross, $ISRG , $TDOC $EXAS $IBB and company. Takeover talk will be another catalyst eg $ONCE $INSP set up. Conference 2/28 could be the the little push needed for a breakout and run to $75
- bRobert: $BSX Long term hold with upside to $45+ with confirmed breakout $MDT Clear set up $98 ..........$100 with bullish move . Easy to enter with move >90 then stop just below 50d
- bRobert: $PODD . Bullish set up to watch. $TDOC .$TNDM $EW $INSP . $MDT . tight consolidation $BSX . Not done . Owner from below. Partial profits . As mentioned earlier. Medical devices are working. and setting up for more. Many others also $XYK $ZBH .
- bRobert: $BSX . Earnings pop..Top of range. Could go higher with consolidation $MDT . low risk/high reward with stop $100
- bRobert: $BSX . not a buy day but the WEEKLY is bullish with a $44 + .target.
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rachel: ...
$BSX – high volume breakout is bullish, but trades very sloppy.
$ISRG – This can be a fast mover for active traders. Alert $520
$LLY – worth watching. Not actionable right now.
$ANTM – holding above 200-day MA.
Random:
$DO ... - Sher: New long call positions: $BSX (Back in with Jan. $37 calls - Took profits w-a-y too early, yesterday); $CVS; $QCOM (Like the chart RHRN). $XLP - Added to Jan. $55 calls
- Sher: @DAN $PFE - I actually like $PFE here... Posted the following last Fri.: "$BSX, $PFE - Added new call positions - $BSX has retraced 50% in 3 days from it's deep-water dive, Nov. 20th.; $PFE - Seeing a hammer candlestick, today, and short-term double bottom in the making." My $PFE call position is up 27%, today - $BSX has now retraced about 55% - Thanks...
- Sher: $BSX, $PFE - Added new call positions, Friday - $BSX has retraced 50% in 3 days from it's deep-water dive, Nov. 20th. - $PFE - Seeing a hammer candlestick, today, and short-term double bottom in the making.
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rachel: ...
$BSX – weekly
$ZTS – good consolidation above $90
$ESRX – would really like to see this re-set to $95 or so.
Requested Videos
$CAT – no. Not the right time in the business cycle. Things aren’t really accelerating. Jus ... - JJT1: $WMT $PBH $ADTN $MOS $CF $BSX Looking for stocks that are consolidating with 50 day SMA rising through BB $WMT $PBH or have been in uptrend and pulled back to 50 day for support $BSX $CF $MOS $ADTN
| Stock Price | $92.70 |
| Change | 0.18% |
| Volume | 11,592,700 |
Boston Scientific, Inc., is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties.
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Past Month
Leading Peers
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$140.07 44.06%
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$21.45 21.21%
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$30.01 20.53%
Past Month
Lagging Peers
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$39.04 -13.11%
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$92.70 -10.14%
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$6.98 -7.58%
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