BMY is Potentially at a Good Buy Point.

I have been watching BMY for a while waiting for a good entry point, I believe that is here. Granted, this is assuming overall downward market pressure does not result in BMY also going down. First, the MACD indicates positive movement. Second, there is bullish divergence in one month RSI. Third, BMY has been in an upward channel since the beer-virus crash and it is touching the bottom of the channel. Finally, BMY has support from the 200 day moving average. You likely will not win big on this in the short-term, but assuming you have confidence in upward market movement this will soon be a good time to buy in if you want to get some profits and secure dividends long-term. I suggest waiting for BMY to break the upwards resistance at about $61.35 to be safe if you plan on buying.

Not financial advice, I am just a retard talking about numbers on the internet.