Category: Submitted Articles
- Published: 23 September 2016
- Written by verifiedInvesting
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