BRISTOL-MYERS SQUIBB CO

NYSE

BMY

BMY LONG Potential

Nice wedge pattern on this. Although it's been in a downtrend, it weathered the past week's volatility quite well, so my guess is sellers are exhausted here in the short-medium term. This is a $75B global pharmaceutical company, makes a bunch of important drugs, that is trading at 12 P/E and pays 3.5% dividend. They are acquiring Celgene (CELG), a similar...

Still within descending triangle pattern and showing Hidden Bearish Divergence

BMY is slightly above its long-term trend line. It doesn't appear to have breakout volume right now, but the move implies investor optimism about tomorrow's earnings. Zacks has given BMY a positive earnings surprise prediction.

Bearish -Descending Triangle -bearish divergence Bullish -At historic support level -30th September expiration date of the offers to exchange (Celgene) could see a trend reversal

Bristol Myers Sept.Calls bought by the thousands. So, why not?

Break of previous beak on EMA cross-over

Looks like a contender for a Bullish Spread. $SPY $QQQ $DIA #StockstoWatch #StockMarket #Options

Bristol-Myers Squibb upgraded to Overweight with a $55 (17% upside) price target at Barclays. Shares up 1% premarket. Post earnings BMY has had some nice price action, investors liked what the heard from the earnings report and the analysts have started to upgrade the stock as of today. Sentiment in the Pharma sector has been horrendous for months, so maybe a...

Regular Bullish Divergence for BMY stock. Have we reached the bottom?

Looks Good!

Hey everyone, Another biomed related post today by request. BMY has double-bottomed as bulls grab a little control today on price. The stock has respected the BBands and is looking to move to the neutral region. The RSI teased in the oversold area, and price has responded with one of the two strong bull movements in the past four weeks as far as price movement...

BMY

BMY is approaching our first support at 47.85 where we might see a bounce in price to our resistance at 51.12. Stochastic is also approaching support where we might see a corresponding bounce in price.

BMY 17-May-19 IV30:41.7, IVR:99 (Elevated), IV30 MA20: 35.4 Bear Call Spread +0.19D Long 1 Call: 57.5 Strike @ $0.80 -0.28D Short 1 Call: 55 Strike @ $1.29 -0.09D Credit: $0.49

For weekly PUT option; session uptick reducing price for contract

The bottom is building since the beginning of February already. Next move should be up.

BMY is approaching our first support where we might see a bounce in price to our first resistance level. Stochastic is also approaching support.