IBM is moving lower than 20MA and 50MA to test 200MA support at 170. We could see the quasi-triangle in the chart. If the trend further breaks down support line, it will likely get bearish.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
