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Chartoholic
Mar 8, 2024 6:09 AM

BMY attempting to breakout Long

Bristol-Myers Squibb CompanyNYSE

Description

NYSE: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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