BMY to break out in the next several years
BMY is presently in a wedge. Though a breakdown is certainly possible over the next decade, what are reasonable breakout levels to watch? This chart with Fib levels induced by the move from all-time lows to all-time highs gives some clues.
Approximately $75 is first up, then approximately $120.
Approximately $75 is first up, then approximately $120.
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