Jul. 16 at 3:00 PM
Target
$63! Big money loading
$BMY dated calls
Real-Time Analysis: Pharma giant Bristol Myers Squibb (
$BMY) is showing strength, climbing to
$59.86. The stock is constructing a solid daily bottom with moving averages beginning to curl upward.
Stock Analysis: Yesterday’s options order flow revealed heavy, high-conviction dated call buying targeting
$63. Backed by a strong drug pipeline and a reliable 4.2% dividend yield, the downside remains highly protected here.
Buyers are stepping in. Do you think BMY easily clears the
$63 resistance zone on this run?