IBM chart study

A look at the IBM chart.

  • Support broken twice
  • A move up would test the resistance line. See arrow & GAP of beginning of october. Reliable test.
  • currently testing the 122.50 level, 3rd time in a few days
  • Next support is at 120

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s