IBM swing trade to the upside? Thank you as always for watching my video! Please feel free to like, share, and comment on this video. And God bless you!
Ibmlong
IBM - The Forgotten StockHello Traders, welcome to today's analysis of International Business Machines.
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Explanation of my video analysis:
All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a bullish market. I am now waiting for a retest of the breakout level mentioned in the analysis to then look for long continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
