• BMY rising inside sharp impulse wave 3
• Likely to reach resistance level 66.00
Bristol Myers Squibb continues to rise inside the sharp impulse wave 3 which previously broke the key resistance level 63.45 (top of waves B and 1) – standing close to the 61.8% Fibonacci correction of the previous ABC correction (2) from November.
The breakout of the resistance level 63.45 was preceded by the breakout of the daily Triangle from November.
Bristol Myers Squibb is likely to rise further toward the next resistance level 66.00 (top of the aforementioned Triangle and the target for the completion of the active impulse wave 3).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies