Bristol-Myers Macro cup and handle.
Updated
Quarterly candles are showing a macro cup and handle, looks as though it needs to come down before we go up due to how to day looks.
Shooting start pattern closes at the end of this month with a potential triple top in the supply zone.
Stoch RSI over brought, RSI situated in the bullish zone.
Will not be buying unless we either break out or retest 61.39 and hold.
C&H targets are as follows :- 103.68 & 131.11
Shooting start pattern closes at the end of this month with a potential triple top in the supply zone.
Stoch RSI over brought, RSI situated in the bullish zone.
Will not be buying unless we either break out or retest 61.39 and hold.
C&H targets are as follows :- 103.68 & 131.11
Note
Currently rangebound after losing support of parallel channel.indicators bearish.
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