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decaro
Jan 9, 2022 9:37 PM

BMY to break out in the next several years Long

Bristol-Myers Squibb CompanyNYSE

Description

BMY is presently in a wedge. Though a breakdown is certainly possible over the next decade, what are reasonable breakout levels to watch? This chart with Fib levels induced by the move from all-time lows to all-time highs gives some clues.

Approximately $75 is first up, then approximately $120.
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