IBM - Bottom of Channel / $120-$122 Entry / $135 Target TOC
0. IBM about to head to the top of the channel;
1. Target $135;
2. Notes to follow;
3. IBM Heading to $160;
1. Target $135;
2. Notes to follow;
3. IBM Heading to $160;
Note
UPDATEIBM ACCUMULATION IS ON HOLD FOR NOW.
We were looking establish a value position here, and watch it run to $150;
This stock isn't going anywhere sitting below $120, and Momentum is back in play.
Will keep on small position, and keep an eye on this for movement and possible rotation into Value.
- drchelsea
Note
UPDATE - WINNER WINNER, OPENING AT $132.50 / GREAT NEWScnbc.com/2020/10/08/ibm-shares-surge-on-plans-to-spin-off-unit-into-separate-publicly-traded-company-.html
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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.