With the latest US jobs data showing a slowdown in the jobs market, and the services ISM print surprising to the downside investors eyes may be turning towards more defensive stocks like Health Care or Utility stocks.

Based in Irvine, California, Edwards Lifesciences is a prominent American medical technology firm. Their expertise lies in artificial heart valves and hemodynamic monitoring. Notably, they pioneered the SAPIEN transcatheter aortic heart valve, crafted from cow tissue and deployed through a catheter within a balloon-expandable cobalt-chromium frame. With manufacturing sites spanning from Utah to Singapore, they are expanding further with a new facility which was set to be operational in Limerick.

Edwards Lifesciences Corporation has some great seasonals right now. From May 10 through to July 05 share prices have risen 80% of the time with an average return of 5.32%.

Technically, support sits around the $82/80 region on the daily chart. Will this be a great place to look for dip buying?

Giles Coghlan, CMT is a seasoned financial writer specialising in macro outlooks and key technical trading strategies

Sign up here for thousands of more seasonal insights just waiting to be revealed!

The major trade risk here is that previous seasonal patterns do not necessarily repeat themselves each year.

Remember, don’t just trade it Seasonax It!