themarketzone

Upside potential towards earnings

NYSE:IBM   INTERNATIONAL BUSINESS MACHS
$IBM closed above its 50 SMA overcoming the 160$ and 165$ resistance zones.
Towards earnings, these zones are support zones for possible bullish entries in an Aggressive C entry of a bearish Gartley .
3 potential target zones:
180$ - Resistance Zone and downtrend line
185$ - Completion of bearish Gartley and the weekly 200 SMA line (resistance)
188$-190$ - Completion of AB=CD in Gartley wings.

Read more setups on this week's WMA - http://marketzone.tumblr.com/post/124485796545/the-weekly-markets-analysis-is-it-over-yet
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out