A strong earnings report has Gartner ($IT) headed towards the top of its recent range. Since November 2014, price range has mostly been between the 80-90 level, averaging 85.77. The typical momentum breakout is probably not in the cards for Gartner, as advisory services isn't a sexy industry, but it wouldn't be a surprise to see a move towards 100 over the next...
Traders, Really liking the short aspect of this trade, looks very high probability to me. All notes on chart Best of luck, Tom
The chart tells a story and the story unfolds bar by bar.
The chart tells a story and the story unfolds bar by bar.
The chart tells a story and the story unfolds bar by bar.