IBM: volatility subsides
As part of a side trend of USD 155-165, IBM shares are trading within a triangle on the daily charts. Lower volatility is expected while this pattern is shaping up. It makes sense to launch long positions at USD 155-157 and short positions at USD 164.
My forecast participates in the Market Forecaster contest. Follow the link to vote for it and help me win the top prize. Thank you.
My forecast participates in the Market Forecaster contest. Follow the link to vote for it and help me win the top prize. Thank you.
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.