Earlier today, I’ve decided to close another 1/2 calls of the remaining positions at 25.27. Currently BSX is dealing with overbought sentiment on my daily-oscillators, while the nature of the price-action is still bullish. We are possibly forming rising-wedge which may be showing minor-term weakness if it actually breaks down (similar price-action to 1/20). I am still bullish long-term on BSX, but I was content to trim down some more here as it grinded higher after the ER. My next target is about 27ish before I completely unload my calls, if we do see a sharp pullback possibly down to 24ish, I may think about buying that dip. My BSX trades has yielded high return on my portfolio, and I think any sharp pullback should be bought.
BSX if it fills the gap at 20, I will be going long at that level
— Kay Kim (@2kaykim) November 1, 2016
— Kay Kim (@2kaykim) February 1, 2017