SamSuka
The Long Investor
The Long Investor

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$BMY - RC -

Very long term chart here, almost 8 years...I needed to go back longer than 15 years to find the true trend here and sometimes it makes the chart a lot clearer when you do this.

Breaking out of this wedge is the key to more upside, this may not come until next year as it makes its way through the wedge, it is just at the 200 Day MA right now but can come down to the bottom of the wedge again before bouncing.

As long as it stays inside or above the wedge, the impulse wave will remain active. 

$BMY - RC -

Comments

can you update $BMY?

Jack


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