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BogdanUng
Aug 2, 2021 2:01 PM

End of 8 years of downtrend??? IBM big picture! Short

International Business Machines CorporationNYSE

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Hello!
For the moment is still downtrend (short positions), you can entry now because is almost at the trend resistance, for TP I'm looking for the next 2 supports.
But also i can see on the graph a possible Head and Shoulders in formation, we will talk when the price meet the first support. Till then, enjoy the SELL.
I will put an entry with SL and TP on the comment section.
Enjoy!

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