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BSX forms Lower Bollinger Band Walk on September 16
BSX finished lower by 0.89% on Tuesday, September 16th, trading 3.0 times its typical volume. The unusually high volume suggests institutional participation in today's move. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 98.17, 97.35 & 96.51, with resistance at 99.83, 100.67 & 101.49. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BSX: D
Just a sneak peek — check SwingTradeBot.com for the full story on BSX.
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