Swing Trade Preparation?
After Bristol gapped down, the stock is trying to find a bottom - the down-dynamic increased- but we haven`t seen a countermove yet.
I will illustrate how you could use that for a longtrade with a very ggood CRR.
1. Opening a longposition at the present Niveau is interesting because the RSI is still strong oversold and signs a possible...
BMY recently has had poor lung cancer treatment results and is getting sold off, movement compounded by Mercks recent promising results in the the same treatment field. Today was another huge down day, with a push past 3 standard deviations according to a 20 day closing Bollinger Band. Long because On Balance Volume has been improving while the price has been...
BMY -2.02% beaten down after the earning is forming a base with a bullish RSI divergence forming on 4hrs and 8hrs.. I will wait for a breakout and correction after 58 for entering a long swing trade entry from here..
After Bristol gapped down, the stock is trying to find a bottom - the down-dynamic decreases - we haven`t seen a countermove yet.
I will illustrate how you could use that for a longtrade with a very ggood CRR. (2,3 or 7,1)
1. Opening a longposition at the present Niveau is interesting because the RSI is still strong oversold and signs a possible upcoming...
70$ is the central Pivot Support Zone. As Long Bristol is trading above that Level, a further upwave can be exspected. Trading below 70$ could cause a selloff down to 58-60$
Bristol Myers! Jim Cramer's favorite. If triggered bullish off trend line bounce
Here are the targets. Failed drug doesn't change my mind. They actually make $$$$$ :)
