Edwards Lifesciences (EW) and Boston Scientific (BSX) just flashed a golden cross signals today.
Edwards Lifesciences (EW)
EW is showing some strength recently thanks to strong earnings news.
If any pullback finds support at the breakout are this will get the bulls interested.
Boston Scientific (BSX)
BSX is trying hard to break a long-term downtrend line.
A strong break above this key downtrend line will get shorts sweating real fast.
The golden cross (technical formation when the 50-day moving average rises above 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.