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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Mon Dec 20, 2004 7:21 pm Post subject: BMY Chart (Long-Term Hold) |
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BMY spent a great deal of time consolidating in the 20s and may be the most undervalued drug stock in PPH (Pharma Holders). Currently, BMY is above its 10 week MA. There may be little risk using a stop at the 10 week MA. BMY may rise to the 40 week MA or the previous high at 31.30.
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