$BSX bear trap played out - watch or start to get in

29. März 2021

BSX has just finished a pretty nice bear trap. I started a initial position, and will fully get in if the price broke through $40 pivot line. If you look at the weekly or even monthly graph, you can see a 16-year huge cup and handle forming. Expect huge up-side to play out in 2021 or 2022. If you want to buy call, buy 2023 leaps.

1. Apr. 2021

Trade ist aktiv

This morning's movement should be called 'bear trolling'. Look that long lower wick, lol. I will add another portion (2023 leap) if today's price close around or above today's open price, which is $38.61

5. Apr. 2021

Anmerkung

strong, strong, strong. If you have not yet get on board, this is probably a good chance

15. Apr. 2021

Trade ist aktiv

ok, next resistense will be at $41.2-41.3. I will unload some 1 - year calls and look for the chance to buy back on a dip.

20. Apr. 2021

Trade ist aktiv

41.2 target reached. STC all my 1-year calls, but will still hold the 2023 calls and looking for dip buying opportunities.

21. Apr. 2021

Anmerkung

dang, it rallied. lol. At least I got my 2023 calls. I will buy every single dip from now on - short term bullish, middle term bullish, and long term bullish.

22. Apr. 2021

Anmerkung

looks like it is going $45.5 gap fill directly. If that really happens in the next month, I am gonna sell my 2023 calls and look for dip buying opportunity