Market Snapshots

Bristol-MyersWave Analysis – 10 December, 2019

Bristol-MyersWave Analysis – 10 December, 2019
  • Bristol-Myers broke key resistance level 58.70
  • Likely to rise to 62,00

Bristol-Myers recently broke above the key resistance level 58.70 (which stopped the sharp previous impulse waves 3 and (5) in November).

The breakout of the resistance level 58.70 accelerated the active medium-term impulse wave (3) from the start of December

Bristol-Myers is expected to rise further toward the next resistance level 62,0 (target for the completion of the active impulse wave (3)).

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