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BMY - Elliottwave analysis

NYSE:BMY   Bristol-Myers Squibb Company
BMY - It is in zigzag ABC wave of (Y) wave down cycle in complex correction and under-performing the SPX. Sell near 61.00-61.70 zone with stops above 62.45 for initial target below 57 level. Overall (Y) wave will end at around 54 or lower level.

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