BRM trade ideas
HISTORY REPEATS ITSELF: SHORT BMYBMY is showing erie similarities of its last major cycle, and it appears massive downside is on the horizon. Decreasing RSI, strong support and resistance and the exact same chart pattern are more than enough to show BMY is likely headed down at least 20% over the next few months.
Sizable downside in the overall market over the next few months will likely add to the selling pressure. Price target is $32 by Q4 2019.
BMY traling stop kik me outWrite sometning about your psyhology thinking before trade? it a cool sunday
Describe the trade. What you see? price will rise and go to the target
in raelity I rise the trailing stop and price kik me out
I don t want to seat on my hands when price goes up, I should move my trailg stop. what should I consider is that I should move the trailin stops wiht the pull backs not with a price as I do.
$BMY Golden Cross / Ascending Triangle$BMY 50d/200d ema Golden Cross / Bullish Ascending Triangle
Golden Cross/Break-out of Triangle appears imminent.
Near term target - $64
Note: Informational analysis, not investment advice.
BMY breakoutstrength in drug names, $ENDP up 20% after EPS $MNK another one that gap up on EPS. Looking for $BMY to top out at the 63 level a short term 5% move. Hope for the best prepare for the worst.
BMYUpgrade: Morgan Stanley
Gap up. Price in consolidation, if we break out consolidation,we can see continue of the grow
BMY Jul 20th $55 CallLooking to hold my Jul 20th $55 Calls bought back on 6/18 at 53.95 (or $0.80/contract). It's held the trend line of ~+20% so far (+2% based on stock price). If this continues until expiration, the lower trend line should yield ~45% at a close of $56.15 (+4% based on stock price), whereas the upper trend line that recently took shape could yield up to ~420% (8% based on stock price). Anything in between is obviously a win as well, just looking to maintain the lower line and sell on any large moves higher.
Buying shares is also an option, I'm just choosing to leverage my return, but will exit on a close below the lower line.
BMY, largest cup and handle failure in stock history?what a nice cup and handle that's been developing since the 90s, what an amazing failure at the end of that handle..
Bristol-Myers Squibb looks ready to bounce After a month of sharp sell-off, we're looking at a red 9 on the TD sequential indicator, the RSI is oversold, and we're sitting at a previous support level. I think we can safely expect at least a dead cat bounce, if not a reversal. Keep watch, do your own research. good luck
April 19th 2018This Dishonest Manipulated Market is nothing more than a Gigantic Mosh Pit.
I bought 100 shares of BMY
