IBM Head & Shoulders Short

International Business Machines CorporationNYSE

Description

⋅ Aug 4, 2017 1:29 AM

IBM completed a Head and Shoulders pattern on strong volume, indicating the downward trend is likely to continue. Given the downtrend has gone on for some time now, I would look for a small pullback before the stock's decline continues.

Comments

TradingStatistics

⋅ Apr 19, 2018 8:34 PM

Nice setup