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jangseohee
Dec 4, 2014 2:46 PM
IBM, potential break out trade
Long
NYSE:IBM
1D
International Business Machines Corporation
NYSE
Description
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Dec 4, 2014 2:46 PM
IBM is making another attempt to break 164.78
Projection short term target if break out happen = 169.76
Know where your stop loss is.
Trade well
Comments
bigrediska
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Dec 4, 2014 3:07 PM
The current trend is still a sideways trend.
bigrediska
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Dec 4, 2014 3:09 PM
jangseohee
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Dec 4, 2014 3:10 PM
you got a point
jangseohee
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Dec 4, 2014 3:11 PM
the mini slant downtrend channel you have drawn, the big bar already broke it, now price retraces to test for that support
AlphaxRx
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Dec 4, 2014 5:51 PM
The volume on Oct 20 is not fully digested yet. I agree it is in a sideway consolidation trend probably until January.
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