Chartoholic

BMY attempting to breakout

Long
Chartoholic Updated   
BATS:BMY   Bristol-Myers Squibb Company
BMY built a solid base and should be ready for a breakout about the 53.5$ mark, either long the breakout or enter if it pulls back to 10 MA before breaking out. Anticipated price action and targets as shown on the chart. Stop is a bit tricky, aggressive stop daily close below 20 MA and normal stop daily close below 50 MA.
P.S. Only my views, not financial advice
Trade closed: stop reached

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