Technically Speaking
As you can see from the chart, the 47.50ish level seems to be a good source of demand, at least in the past and looks like a good entry level for a long, stopping out somewhere below. Leave some wiggle room to account for volatility.
Fundamentals
Be aware, they announce earnings before the bell on 10/27 CST.
Looks like the big slide in the stock was sparked by a failed drug trial: nasdaq.com/symbol/wfc.prj/dividend-history
Bristol Myers sports a div yield of 3.04%: google.com/finance?q=bmy&ei=tDAGWImkAY2amAHBwZUg
Div history: nasdaq.com/symbol/bmy/dividend-history
As always, know why you are buying something.
Think for yourself.
As you can see from the chart, the 47.50ish level seems to be a good source of demand, at least in the past and looks like a good entry level for a long, stopping out somewhere below. Leave some wiggle room to account for volatility.
Fundamentals
Be aware, they announce earnings before the bell on 10/27 CST.
Looks like the big slide in the stock was sparked by a failed drug trial: nasdaq.com/symbol/wfc.prj/dividend-history
Bristol Myers sports a div yield of 3.04%: google.com/finance?q=bmy&ei=tDAGWImkAY2amAHBwZUg
Div history: nasdaq.com/symbol/bmy/dividend-history
As always, know why you are buying something.
Think for yourself.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.