IBM Bump and Run!
First bump and run pattern analysis, as you can see the price 'bumped' up from the upward trend leading to a round over then decline through the observed trendline. This is a bump and run reversal top, which often lead to a short term bearish correction. Feedback encouraged!
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.