…That’s how we’re supposed to do it, right?
JC & Strazza were riffing this morning on the strength in the Medical Equipment space and so we started brainstorming on some names to play since we expect the strength to continue.
There were a few names bandied about, but the chart and setup that most caught my attention was Boston Scientific Corp $BSX.
What I liked most was the recent consolidation which can act as a solid base of support for a move higher — which would be all-time highs breaking out of a nearly 20 year base! As JC likes to say: “The bigger the base, the higher in space!” Seems this opportunity has a good shot at that: [Read more…]