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hungry_hippo
Jun 24, 2019 6:44 PM

IBM Short

NYSE:IBM1D
International Business Machines CorporationNYSE

Description

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Hit gap resistance, I think this'll be a good one day play but I'm already shorting a DOW component and don't want to get too heavy into puts.

Should be weak up until earnings either way. Last one sucked.

In any case, do your own due diligence...
Chart PatternsTechnical Indicators
Comments
DaddySawbucks
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idk bout this HH IMO it's in wave 3; tar box 144-149 back to retest 3 Oct ath. good chance to fill the April gap, real chancy.
hungry_hippo
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@DaddySawbucks, it's overbought fighting an earnings gap down. I'm not playing it though, my DOW component of choice tonight is NKE. As long as they don't pump the crap out of DOW futures tonight, I'll be able to snag a gap fill and call it good.
hungry_hippo
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@DaddySawbucks, told ya, good for a buck down since I posted.
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