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Don't sleep on this one! **Not financial advice, do your own research!**
I think gene editing stocks are finally moving
hpc software discovered a CRAB pattern so : SHORT around 63.00 T1 61.75 T2 61.00 SL closing above
I have been watching BMY for a while waiting for a good entry point, I believe that is here. Granted, this is assuming overall downward market pressure does not result in BMY also going down. First, the MACD indicates positive movement. Second, there is bullish divergence in one month RSI. Third, BMY has been in an upward channel since the beer-virus crash and it...
BMY is currently testing support in a large channel. Bearish pressure is visibly waning (see MACD) however bulls still needs to prove it's ready to change direction by breaking and closing at least a 4 hr to the upside of the orange trendline. We can remain bullish with a quick wick down to the lower trendline where we found the lows on June 15 and October 29...
Trendline support with MACD starting to curl back to the upside. Easy play, with good risk to reward ratio
The PEAD projected a bearish outlook for $BMY after a negative under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
First bounce likely here. Keep watching for a cosolidation or double bottom or +ve divergences. Weekly MACD is not in good shape.
SHORT 66.45to 66.10 T1 63.77 T2 63.20 SL closing above 67.55
BMY gapped up this morning showing good strength. Targeting the 52 week highs above.