BRISTOL MEYER - US PHARMA STOCK BREAKING OUT

By IamJeanPaul
Updated
Buying dips on BMS Stock. Watch for the 55.20-54.70$ area.
I am targeting for now 60$ and stop should not be placed too far away. 53/52$ seems reasonable to have a nice R:R.

Hourly Chart:
snapshot

Watch the corrective channel, this might setup a nice long opportunity.

Blessings to you all.
Trade active
Bought around 55$, emergency stop for now at 52$ Target is 60$
Going to take a second position in mid 54$ with a better risk:reward.
The chart is very promising.
snapshot
Trade closed: target reached
Target reached at 60$. Perfect play!
DAX IndexdowjonesEURUSDGBPUSDnasdaqPHARMAS&P 500 (SPX500)StocksUSDJPY
IamJeanPaul

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