I have been watching Boston Scientific for quite some time, and the BSX insiders have exhibited excellent timing on the buy side as well as the sell side.

Today, we noticed that a company Director, Nick Nicholas, Jr ( related to the founder Peter M. Nicholas) has once again jumped in and added to his position (Insider Transaction).

Given Nick's appetite for the stock, the shares are probably a compelling value at current levels.

If you are a trader, BSX has had a fairly predictable trading range.

Here is the chart of BSX since November 2005.

Since 2005, every time the stock has dipped below $22, the stock's RSI (Relative Strength) also fell below 40. In addition, the stock seems to attract buyers in the low $21 area, and then rallies to the $23-$23.50 area.

If you happen to be a trader, keep an eye on this trading range.