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Nick_C_
Jun 2, 2014 1:44 AM

$BDX Cup and Handle Potential  Long

Becton, Dickinson and CompanyNYSE

Description

BDX is moving towards a 3rd watch after a double top 50% fib pullback. Positives: riding 20 ma, with 50+200 supporting upward momentum, RSI refusing to break 50 maintaining bullish position, MACD crossover. Negatives: upper BB not supporting upward price action, want to see bullish volume pattern.
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