BullBear Trading: Stock and Financial Market Technical Analysis

When This Triggers, I Buy Big Share Size On Bristol-Myers Squibb Co $BMY

Bristol-Myers Squibb Co (NYSE:BMY) is putting in a great bottom on the stock chart. My finger is on the buy trigger for a large block, but only when one specific thing happens. Notice the tight range Bristol-Myers Squibb is trading in as it makes the bottom? Smart investors such as myself are looking for it to break out to the upside. The second price moves above the current tight range, I will hit the offer with a big block. The odds are extremely high that when it breaks to the upside, there will be a large move and I can net tens-of-thousands in profit. Be ready! The break out level I am watching is $56.50. The current price is $55.93.

By Pro-Trader

Annabelle Trader

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