IBM: 1 more rejection at the top?
Longterm I am very very bullish on IBM, but I was in since 135$ so this was a nice trade. I am out for now, definitely looking to get back in.
I expect one more leg down, for a very bullish breakout later on - IBM basically pumped for something simple as a new CEO.
If it breaks out on this resistance, so be it! Good luck to everyone holding at this point, I don't like the RSI and STOCH RSI being oversold AND being at a resistance currently.
I expect one more leg down, for a very bullish breakout later on - IBM basically pumped for something simple as a new CEO.
If it breaks out on this resistance, so be it! Good luck to everyone holding at this point, I don't like the RSI and STOCH RSI being oversold AND being at a resistance currently.
Note
Hit the target, expecting a red day tomorrow and ibm at around $90, nice entry longer term
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.