Watch the Rounding Bottom on BMY closely. Trade with professional charting tools.
Gradual reversal from bearish to bullish.
BMY is showing interesting structural developments at $62.09. Price has moved to $62.09 (0.94%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Volume is average (1.09x avg) with moderate trend strength (40.7). A potential breakout level is identified at $62.82, targeting $72.8 with support near $57.83 (R:R 2.0).
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