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TheHitman

Fake breakout on IBM

Short
International Business Machines Corporation (NYSE:IBM)  
TheHitman  
NYSE:IBM   International Business Machines Corporation
Support and Resistance Moving Averages IMB Daily Charts Coronavirus (COVID-19)
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supportandresistance movingaverage imb daily coronavirus
Hi Traders

Seems that IMB had a fake break out on that 153.50 level. Expect it to come down next couple days, before might bounces up around that SMA200 / SMA100 area.
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