The high of October has been re-tested today. It serves as support now and is valid the more as is coincides with the 2 38% Fibonacci levels. A correction of the December decline seems to be likely.
Trade closed: target reached
Sorry, I have closed the position already with good profit. I had intended to hold it longer but as BSX came back fast immediately I decided to take profit. The bias remains long and I will open another long position as soon as it look favourable, possibly next week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.