Dec. 4 at 6:37 PM
$BMY Hitting 26 week high after double pivoting yesterday.
Stock is still almost 19% below the tariff drop and major resistance at the 200 week of
$58.87. But as I have posted hundreds of times that when a stock clears its most recent highest high Anchored VWAP sentiment changes and stocks typically go higher as buyers since are in the green. In this case it was this week clearing the March 10 high AVWAP of
$48.16. This is the average since hitting a high that week of
$63.33.
Holding large position
