BMY Potential Buy setup
Updated
Reasons for bullish bias:
- Double bottom formation
- Entry is at neckline, for further confirmation
- Price testing support
- Divergence also indicating a possible reversal
Entry Level(Buy stop): 53.14
Stop Loss Level: 47.38
Take Profit Level 1: 57.74
- Double bottom formation
- Entry is at neckline, for further confirmation
- Price testing support
- Divergence also indicating a possible reversal
Entry Level(Buy stop): 53.14
Stop Loss Level: 47.38
Take Profit Level 1: 57.74
Trade active
Order triggeredTrade closed: stop reached
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