$BMY - WATCHLIST -
Added 2025-05-20 19:53:06 +0000 UTC$BMY has my attention again after pulling back since testing the 200 WMA at $61 and pulled back to the 0.78 Fib at $44.
If the price action can hold at this higher low, then this pull back is complete and this would be Wave 2 complete.
With this being considered, the 1.618 Fib is therefore at $82, which aligns very well with the rising wedge yellow top line, which has been in place since 1999.
Strong fundamentals here too and a dividend of +5.25%
I am adding this to my watching list and will be watching for the start of a new impulse wave, Wave 3.
Comments
Really like this
Allen Bjur
2025-05-21 16:58:33 +0000 UTCThis name has had a ton of insider purchases as well
HadiiHadii
2025-05-20 20:21:41 +0000 UTC
