Empiece
gthom9

IBM Meeting Heavy Resistance

International Business Machines Corporation (NYSE:IBM)  
gthom9 Actualizado   
NYSE:IBM   International Business Machines Corporation
Chart Patterns Trend Analysis IBM breakout Technical Analysis
3
0
chartpattern trendanalysis ibm breakout technicalanalysis
IBM has been one of the worst DOW stocks of 2017, but things might change going ahead. IBM which should be seeing a bottoming in revenues as they return to growth from data analytic initiatives and a upgrade cycle in mainframes is on the verge of breaking out. Currently, IBM sits at a major resistance line. Watch for a breakout which could see the stock retest all time highs around $181.00, but a failed breakout may retest rising support around $155.00.
Operación activa:
IBM broke out today. Going long IBM as long as it holds tomorrow.
Comentarios:
Watching to see if IBM holds at its current support.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.