BSX Breakout ( NYSE Stock )
BSX breakout from a short term downtrend line as well as a small congestion zone as shown in the chart. I managed to cash in 30 cents of profit from this breakout!
I continue to think that this is a mid-cap stock which heeds technical signal quite well, making it a 'tradable' stock. For US stock, you may buy as little as 1 share ( literally 1 share, not 1 lot which is 1000 shares ). So despite it is priced at USD7+, one may just buy 100 shares or 500 shares which is pretty affordable.
Labels: Stock Pick
posted by Market Wizards @ February 19, 2011
Comments: 0
