BMY - 1 year chart. Can it break through major resistance?
Watching the present area of around $53.50 which has been major resistance on several occasions.
Need it to break through with above average volume. Recently crossed the 50-day MA. If it can't break through resistance, I am hoping that the 50-day is new support level.
Beaten down stock. At the very least, I believe that the worst days are behind us.
Need it to break through with above average volume. Recently crossed the 50-day MA. If it can't break through resistance, I am hoping that the 50-day is new support level.
Beaten down stock. At the very least, I believe that the worst days are behind us.
Note
Could not break resistance and 50-day was not new support level. Bounced right after hitting support around 48.50ish. Earnings this week so fundaments are in control.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.