IBM - Broke Weekly Trend
Updated
IBM broke a weekly trend line closing at 144.08. I would expect a pull back to support at 139.34ish before it bounces back or moves lower. Next level below 139.34 is 121.23.Neutral outlook at the moment
Note
IBM continues to grind down. I would expect the test of support this week.Trade closed: target reached
I stopped following it, because of other engagements. However after reviewing the chart it broke down and then popped out
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.