IBM Long DailyIBM reports on JAN 21. The stock is now
breaking out after being heavily sold
I am waiting to add to the position however until the chickou line
breaks through the cloud. This is a weak buy yet from a Ichimoku
perspective however I have traded Ibm alot and have seen how
it runs up or down going into earnings
International Business Machines Corp Shs Cert Deposito Arg Repr 0.06666667 Shs
No trades
Market insights
IBM - Continuance of Down TrendIBM has continued testing and bouncing off the down trend resistance line. Past two attempts saw drops back down to what's now the bottom Bollinger band at around 172-173. IBM has under performed its sector for several months now, and has seen extended negative correlation with NDXT as it continues making higher highs.















