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Closing Out My BMY Trade Today

This is a Post from the Symbol Surfing Blog from Tue, Jul 31, 2018.

So I decided to sell my BMY shares today.

I explained why I initially purchased the stock in my post on Fri, May 25, 2018.

Fortunately, this stock behaved like I hoped in a short period of time.

It was about an 11% return in 2 months.

The quarterly dividend payment was a nice bonus as well!

The stock price really hasn't pulled back or retraced since the run up from the 52 week low.

That's one of the reasons why I sold today.

Another reason is that the stock price is nearing $60. 

There seems to be some potential resistance at that price.

Tue, Jul 31, 2018 BMY @ $58.75