New York, August 18th (TradersHuddle.com) - Shares of Boston Scientific Corporation (NYSE:BSX) are trading very close to calculated resistance at $6.59 with the current price action closing at just $6.48 placing the stock near levels that make it difficult to buy. Boston Scientific Corporation (NYSE:BSX) develops, manufactures, and markets minimally invasive medical device, which are used in interventional cardiology, cardiac rhythm management, and peripheral interventions, mong others. Boston Scientific’s current stock range is defined by current calculated support defined at $5.88 and by the resistance level at $6.59, the stock is clearly over-extended from support, making it difficult to establishing new long positions at this level.
