cperler
Short

IBM - Continuance of Down Trend

BATS:IBM   INTERNATIONAL BUSINESS MACHS
158 0 0
IBM             has continued testing and bouncing off the down trend resistance line. Past two attempts saw drops back down to what's now the bottom Bollinger band at around 172-173. IBM             has under performed its sector for several months now, and has seen extended negative correlation with NDXT             as it continues making higher highs.
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