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)).