TomProTrader

IBM: Hoping For Long Out Of Very Strong Resistance

Long
NYSE:IBM   International Business Machines Corporation
4
Expecting a nice move out of IBM soon. The resistance is very strong, and once broken we could see a strong move as a decision has finally been made.

We had a nice bullish kicker yesterday trading day. Whilst the days trading before that supported on the 50EMA. Creating a morning star/kicker signal at this level.

Waiting to see strong buying before I enter this trade.
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