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
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