BMY daily bearish hammer wave 3 downtrendOrder SELL BMY NYSE Stop 68.08 LMT 68.08 will be automatically canceled at 20230401 01:00:00 EST
BMY daily bearish hammer wave 3 downtrend below moving average 200
Bmyshort
BMY daily evening star reversalSell Stop 70.51 LMT 70.51 GTC
Buy Limit 62.17 GTC
Buy Stop 74.12 GTC
BMY daily evening star reversal gotta be quick before earnings, all looks good.
BMY monthly wolf wave 5 set upBMY monthly wolf wave 5 set up
Sell Stop 70.51 LMT 70.51 GTC
Buy Limit 46.15 GTC
Buy Stop 80.84 GTC
BMY daily indecision higher bearish volumeBMY daily indecision higher bearish volume below long day bearish.
BMY long day bearish on daily shortNice and sweet long day bearish on daily, look at this volume. Trying to catch retracement on MA 100 and short it down till the end of the gap and even lower.
BMY at shaved top resistance on dailyMoved my stop since if we take out this shaved top resistance we can change the direction.
$BMY to the mid-low $60s?$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 think we could see a fairly quick move down to the $60 range, at $65 which would be the first support and $61 which would be the second support.
There's a chance it falls into the $50s but I'll likely take profits in the $60s as it's rare for BMY to have such a substantial drop.
Let's see what happens over the coming days/weeks.
BMY is approaching support, potential bounce! 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 approaching support, potential bounce! BMY is approaching our first support where we might see a bounce in price to our first resistance level.
Stochastic is also approaching support.
BMY approaching resistance, potential drop!BMY is approaching our first resistance at 52.42(horizontal siwng high resistance, 61.8%, 100% fibonacci extension, 76.4%, 38.2% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 48.35 (horizontal overlap support, 50% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
BMY is approaching resistance, potential drop! BMY is approaching our first resistance at 52.42 (horizontal swing high resistance, 61.8% , 100% Fibonacci extension , 38.2%, 76.4% fibonacci retracement ) where a strong drop might occur below this level to our first support at 48.25 (horizontal overlap support, 50% fibonacci retracement ).
Stochastic (34,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
BMY approaching resistance, potetial drop! BMY is approaching our first resistance at 52.39(horizontal swing high resistance, 100% fiboancci extension, 76.4%, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 48.35 (horizontal overlap support, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
