InTheMoney Stocks

IBM Will Pull Back Here: Resistance Trend Line Alert

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International Business Machines Corp. (NYSE:IBM) is slamming into a key level of resistance. This level is at $181.15. Please note the chart below to see the trend line for yourself. Based on this resistance level and multiple other factors, IBM             is an easy short here for a multi-day pullback. A $177.00 target can be used. Enjoy and profit for life.

Gareth Soloway
Chief Market Strategist
Forgive me Gareth, for I am pretty new to this but is this a bounce off of triple-bottom? Maybe we close the gap up to 187, but it would seem that the 200MA would be the absolute top.
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