IBM gapped down due to earnings expectation.
Looks like it formed a double bottom pattern - found support at previous resistance
Enter at break of resistance at 124
Set stop loss at previous high of day (123.5)
1st Target - 126.5
Looks like it formed a double bottom pattern - found support at previous resistance
Enter at break of resistance at 124
Set stop loss at previous high of day (123.5)
1st Target - 126.5
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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.
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.