BSX — gap-reversal

Summary

They are on a downtrend and previous gaps didn't bounce. Gapped because they got hacked Health tech is one of the strongest sectors right now. Long term support zone, starting to go up longer term. SPY is neutral, so nothing bad. Consolidating with decent volume on premarket. Huge 6.3% gap on pre market. The entry, as it breaks the pre market consolidation, I like the exit as it fully fills the gap within the first 2 bars, and if you want to get greedy, can set a tight stop and get stopped out almost immediately.