vjland

IBM break out of a 2-year resistance

Long
BATS:XOM   Exxon Mobil Corporation
0
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.