kungfuguo
Long

IBM Daily Analysis 1/1/2014

BATS:IBM   INTERNATIONAL BUSINESS MACHS
182 2 1
IBM             Looking strong. It break out of the $172-$186 area yesterday. It broke through the down-ward resistance as well as Oct 14's high before the gap. Overall, I think we are cleared to go up to $194, which is the next major area of resistance (Sept high). I think the stock may consolidate a bit either before or after reaching $194, as it will have become overbought.

The second target is $198. I think we will get there in Feb.

Long IBM             . Jan $180 Calls BTO 12/31/13.
Agreed. Textbook double bottom play. Neck line at $186. Bullish.
Reply
double bottom pattern in play since we broke previous high
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out