Shares of Bristol-Myers Squibb (BMY) have surged 50% in the last 5 months. In addition, the stock is slamming into a major double top on the daily stock chart from last 2018. This is a technical resistance level on an extending chart. This signals a swing trade short opportunity. The level is $63.55 to pull the trigger on a short. Investors should expect a pull back to $59.50 in the coming weeks.
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