The Bank of New York Mellon Corporation

Bank of New York Mellom double bottom and MACD divergence up

Updated

I like the look of this chart the clean double bottom and MACD divergence indicates prices should be around 44.5. Bought some June 28 43.5 calls for 39c

Note

Shot up to 77c a contract this morning can't beat this pattern. I took some off the table left the rest to run.

Note

traveling this week and expiration approaching so took the rest Monday for 65c

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.