Possible stop below 124.80.
Inverse head and shoulders pattern does well in a bull market. I am beginning to wonder what type of market we are in as it feels a bit shaky at times. (o:
There are no rising wedges in the yearly chart which is a good thing.
Seems the market is gravitating towards securities on the value side of things and IBM has a good dividend.
Also appears to be forming a cup.
Not a recommendation.
Inverse head and shoulders pattern does well in a bull market. I am beginning to wonder what type of market we are in as it feels a bit shaky at times. (o:
There are no rising wedges in the yearly chart which is a good thing.
Seems the market is gravitating towards securities on the value side of things and IBM has a good dividend.
Also appears to be forming a cup.
Not a recommendation.
Note
I have targets 1 listed as targets 2. It should be vice versa. Sorry! )o:Note
Possible Rising wedge forming 4/12 Small on but could cause fall back or beyond long entry level
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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.