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TradeWithParas

BMY Potential Buy setup

Long
Bristol-Myers Squibb Company (BATS:BMY)  
TradeWithParas Updated   
BATS:BMY   Bristol-Myers Squibb Company
Trend Analysis Chart Patterns BMY bmylong stocktrading stockstobuy nyse nasdaq buyopportunity
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trendanalysis chartpattern bmy bmylong stocktrading stockstobuy nyse nasdaq buyopportunity
Reasons for bullish bias:
- Double bottom formation
- Entry is at neckline, for further confirmation
- Price testing support
- Divergence also indicating a possible reversal

Entry Level(Buy stop): 53.14
Stop Loss Level: 47.38
Take Profit Level 1: 57.74
Trade active:
Order triggered
Trade closed: stop reached
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