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Boston Scientifc (BSX) Breaks Through Resistance at $36.71

By Shiri Gupta

Shares of Boston Scientifc (NYSE:BSX) have bullishly opened above the pivot of $36.27 today and have reached the first resistance level of $36.71. Investors may be interested in a cross of the next upside pivot targets of $37.41 and $38.55.

There is potential upside of 0.0% for shares of Boston Scientifc based on a current price of $0.00 and an average consensus analyst price target of $32.57. The stock should run into initial resistance at its 200-day moving average (MA) of $31.02 and subsequent resistance at its 50-day MA of $36.03.

Over the past year, Boston Scientifchas traded in a range of $0.00 to $39.44 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.75% higher and 0.73% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Boston Scientifc on April 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $28.73. Since that recommendation, shares of Boston Scientifc have risen 25.3%. We continue to monitor BSX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts boston scientifc

Ticker(s): BSX