This is a non log chart for BMY I term the peaks mountains as each peak leads to another high that is similar to the prior This pattern on the non log chart has continued for years Right now the price is within the green zone (setting up to make a new higher peak)
$BMY has held up remarkably well during the market sell off. That said, I don't think that it's going to escape the downside for that much longer. We've tested the $77-78 region multiple times and just rejected again. Seeing the price action today makes me think that it's finally time for BMY to fall lower. Once $BMY breaks $75, there's not much holding it up. I...
Bought 100 BMY May 6th $75 puts. Will add for each $1.00 increase.
This might be forming a long-term base here. I'm long with a stop-loss at $62 (has to be a weekly close below $62). Part of my longest-term trading system.
Immediate targets 61, 59, 56, 53. Invalidation at 79. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically...
Immediate targets 61,59, 56, 53. Invalidation at 79. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
An upward breakout of the long-term resistance level could lead to an increase in the area of 81. In the long-term, the growth could continue to the area of 93.
risk reward tool gives you idea about ENTRY ,STOP LOSS AND TARGET yes its good time to invest when I get the idea that this script is not bullish anymore I will let you know guy
www.tradingview.com Amazing RSI divergence on daily chart on a support key level. Waiting confirmation with volume or candelstick to setup the perfect entry time. Fibo 0.5 or 0.618 to be use for the TP as target. To keep on watchlist.
Bristol-Myers Squibb Company (BMY) oversold on the daily! Based on support and resistance we have: Price target: 67.50usd Stop loss: 55.90usd
When I say "historic" for BMY I'm not talking ATH but the stock's encroaching on an area that has been tested 3 times being rejected each time. This is the 236 fib area using 2016's high as the top anchor. It's been 5 years since BMY traded well above this area. But with the way attention is being placed on immunotherapy stocks, it could be something to keep in...
OSUR has enough failed attempts on both resistances I think it may just crack again sending it up to 16-20 range. Maybe even more. Do your own DD but it is extremely clear its very hard to get candles above the dual green zone of resistance and keep them up there longer term. Let's see how this next week or two play out. Could be interesting.
All, ABCL in a pretty solid spot here imo. Definitely need conformation of bottom here, candle looks to be a reversal possibly. I would look at 17-20$ calls OTM longer term or leveraged stock position hold long with a very tight stop loss. Could drop one more level. Just watch, slap some alerts on it but ABCL definitely imo worth 20-22.
I see a 5 wave count rising wedge pattern forming on the weekly chart. Short target is $56
lol if this pans out greatest gains ever
Since 1969 BMY has been around yes. The fact this is chartable is wild. I think we see 70+ in 2-3 weeks 80+ after that new all time highs. I already am accumulating 700+ OTM options.