BSX is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
A clear signal has emerged for Boston Scientific (BSX) on the daily chart. Currently at $62.82, the asset is showing upward momentum (1.32%). The primary technical feature is a Double Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $76.87, targeting $92.49 with support near $69.06 (R:R 2.0).
What is your outlook on BSX?