Commencez
christianmartin4746

IBM dip buy coming

Long
International Business Machines Corporation (NYSE:IBM)  
christianmartin4746 Mis à jour   
NYSE:IBM   International Business Machines Corporation
Fibonacci Earnings
2
0
fibonacci earnings
IBM, leading up to previous earnings, formed a bearish divergence and gapped down. IBM has not been this oversold (RSI) since this time last year, and indicators show a strong bullish momentum. Hour timeframes shows that dip buying has started.
Commentaire:
Perfect bounce off a support level

snapshot
Commentaire:
IBM formed double Doji at the bottom of a downtrend, indicators are pointing up and are severely oversold, the candles are about $4 from the 5 EMA (daily chart). Looking to go full position early in the morning if all looks well.

PRICE TARGET: $133

STOP LOSS $126.50

snapshot
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.