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RS3175

BDX bouncing from resistance-turned-support level

Long
Becton, Dickinson and Company (NYSE:BDX)  
RS3175  
NYSE:BDX   Becton, Dickinson and Company
Gartley Parallel Channel
2
0
gartleypattern parallelchannel
In the last few days, BDX has tested the resistance-turned-support level several times and bounced back from it.

RSI is oversold. Earlier, BDX had bounced back when RSI had reached present levels.

A bullish Gartley pattern has formed.

TP1 - 38.2% of AD

TP2 - 61.8% of AD

SL - Just below D

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