IBM โ€“ Long Trade Setup

21
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๐Ÿ” Pattern: Bullish pennant breakout
๐Ÿ“ Entry: Around $281.88 (breakout confirmation)
๐ŸŽฏ Target: $287.52 (green resistance zone)
๐Ÿ›‘ Stop-loss: Below $278.50 (support area)

โœ… Why this trade?

Strong uptrend with clean pullback

Breakout from consolidation (pennant)

Solid volume and momentum follow-through

Favorable R:R setup above key levels

๐Ÿ“Š Timeframe: 30-minute chart
๐ŸŽฏ Bias: Long / Breakout continuation

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