Hi Shoppers,

Friday formed a beautiful hammer in Bristol-Myers Squibb (Ticker: BMY):

It’s beautiful because BMY has been on a downtrend since December 5th, trading down $10.

Also, the longer the lower shadow the more powerful the hammer will be.

Be sure to wait for a confirmation of BMY trading higher on Tuesday until at least 10:30-11:00 AM.

I think BMY can trade back up to at least $74-$75.

Trade Review

Nvidia (Ticker: NVDA) traded lower most of Friday closing up a few cents keeping the chart intact.

Well Fargo (Ticker: WFC) closed down a few cents but the chart is still looking bullish.

Thanks for Reading … See You Next Tuesday.

Licia Leslie