This 15m chart presents a short opportunity on IBM. The stock looks to be at the top of its short-term range with significant RSI divergence. Initiating a short position at 147.25 for a move back down toward 140.
Trade closed: target reached
Target hit - closed trade for profit.
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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.