BMY sets sights on the 70s level
Healthcare and Bio stocks have been slowly creeping up the past few weeks. BMY has been eyeing the 70 level and I believe we will see it touch within the next few weeks. They recently had a cancer drug FDA approved: finance.yahoo.com/news/bristol-myers-bmy-car-t-142702968.html
Technicals:
- RSI level over 50 on the daily
- Positive MACD on the daily and is curling upwards
- OBV is rising with price
- Brief drop to the 9EMA on the major red day 8/19, only to bounce back up hard and with volume
- Closed 8/20 at 69.20, over the previous impulsive move to 68.99
- Weekly Chart (not pictured) is a bullish engulfing breakout candle
Option Volume is incredibly bullish leaning
https://gyazo.com/04c6da25b56027e068263cd7d4cc957e
Technicals:
- RSI level over 50 on the daily
- Positive MACD on the daily and is curling upwards
- OBV is rising with price
- Brief drop to the 9EMA on the major red day 8/19, only to bounce back up hard and with volume
- Closed 8/20 at 69.20, over the previous impulsive move to 68.99
- Weekly Chart (not pictured) is a bullish engulfing breakout candle
Option Volume is incredibly bullish leaning
https://gyazo.com/04c6da25b56027e068263cd7d4cc957e
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.