The Long Investor
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$BMY - WATCHLIST -
🕑 Added 2025-04-21 10:51:30 +0000 UTC$BMY is looking very good here.
Primary Wave 2 held exactly on the 0.618 Fib at $41.
Bounced back up to the wedge bottom line at the 200 WMA and pulled back again to a higher low at the next 0.618 Fib at $48.
This is a chart we have been following for some time now too and it has moved as expected.
A hold above $48 now and we will get another bounce back up to the 200 WMA at $61 and another test of the ascending triangle bottom line, a break back into this triangle and the set up is very bullish.
Dividend of +5% too.
