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RizeSenpai
Apr 26, 2021 4:10 PM

Bearish Divergence at PCZ of Bearish Gartley Short

International Business Machines CorporationNYSE

Description

It may be time for IBM to fill the gap at $133.50 as it has hit the PCZ of a Bearish Gartley and is showing Bearish Divergence on the Stochastic RSI, MACD, and MFI.
Gap fills rarely act as support or resistance so if IBM fills the gap i'd expect it to go a little lower than $133.50 and perhaps drop down to $128 before attempting a rally.
Comments
Traderwell
It seems gartley gave up or fundamentals fail.🙈
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