vjland

IBM break out of a 2-year resistance

Long
BATS:XOM   Exxon Mobil Corporation
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Observations:
1. Price reached the up side target the upper MLH
2. the giant inverted HS pattern is in the picture, we have a break out
3. if price stay above neck line for 3 more days, then this is confirmed break out
4. further upside to be confirmed by taking the upper MLH out, and trade above it.

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