Tech hype is a crazy thing. We'll see if it keeps the momentum going enough to invalidate this. Downside target $40, upside target $55
waiting for break of this resistance to enter a long
possible reversal for ibm here, looking to enter position if we can hold a $115 close
Call placed at $105. We broke through the lower trend line but failed to hold the retest. Blew threw resistance. Let's see how this one plays out.
channel reaction on the .618 level. rsi double bottom at 28 on h4. set up for a nice run.
seeing a familiar movement in this channel, first test will be the nov 23 level. Needing to see 25,000 for validation. all goes well im targeting 32,000 for december '21. slow year ahead.
We have come to a stopping point for the bullrun on AAPL. I am waiting to see how this past run will correct. Looking for possible entries at the $117 level (.618 retracement of recent wave). Target for the $117 play is $130 (1.27 extension).
Recent high rejected 1.27 retrace of leg AB, forming bearish doji with strong confirmation candle. Rsi bearish divergence created. target 185.