SamSuka
The Long Investor
The Long Investor

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$BMY - WATCHLIST -

$BMY is looking very good here.

Primary Wave 2 held exactly on the 0.618 Fib at $41.

Bounced back up to the wedge bottom line at the 200 WMA and pulled back again to a higher low at the next 0.618 Fib at $48.

This is a chart we have been following for some time now too and it has moved as expected.

A hold above $48 now and we will get another bounce back up to the 200 WMA at $61 and another test of the ascending triangle bottom line, a break back into this triangle and the set up is very bullish.

Dividend of +5% too.

$BMY - WATCHLIST -

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