BSX

Boston ScientificHealthcare

$45.29+0.76%

Falling Wedge Broadening Formation Double Bottom

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$45.29

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BSX Chart Update

BSX is showing a classic Falling Wedge. Don't miss the move.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$58.51

Stop

$51.47

Target

$72.58

Chart Pattern

Falling Wedge

Reversal pattern. Price likely to break upwards.

Broadening Formation

Expanding volatility. Sign of instability.

Double Bottom

Reversal pattern after a downtrend.

Market Analysis

BSX is showing interesting structural developments at $45.29. Price has moved to $45.29 (0.76%) amidst recent volatility. The primary technical feature is a Double Bottom formation. This setup is supported by strong volume turnover. A potential breakout level is identified at $58.51, targeting $72.58 with support near $51.47 (R:R 2.0).

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