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TradeWithParas
Feb 2, 2024 2:43 PM

BMY Potential Buy setup Long

Bristol-Myers Squibb CompanyNYSE

Description

Reasons for bullish bias:
- Double bottom formation
- Entry is at neckline, for further confirmation
- Price testing support
- Divergence also indicating a possible reversal

Entry Level(Buy stop): 53.14
Stop Loss Level: 47.38
Take Profit Level 1: 57.74

Trade active

Order triggered

Trade closed: stop reached

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