Home About the company Daily reviews Trading ideas for the Bank of New York Mellon Corp. (NYSE) 20.05.2020

Trading ideas for the Bank of New York Mellon Corp. (NYSE) 20.05.2020

20.05.2020

Market Review

#BK

The 33.93 support level is holding back buyers. Stochastic Oscillator signals oversoldness. If the price fixes above the resistance level of 33.93, it will have an opportunity to grow within the range of a “specialist trap”—a reversal level of 37.80.

Trading recommendations:

Buy above 33.93.

Stop loss under the price pivot zone of 31.21.

Target levels: 37.80; 40.80.

The #BK rate online: monitor the movement of the shares in real time.

Author: admin
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