End of 8 years of downtrend??? IBM big picture!
Hello!
For the moment is still downtrend (short positions), you can entry now because is almost at the trend resistance, for TP I'm looking for the next 2 supports.
But also i can see on the graph a possible Head and Shoulders in formation, we will talk when the price meet the first support. Till then, enjoy the SELL.
I will put an entry with SL and TP on the comment section.
Enjoy!
For the moment is still downtrend (short positions), you can entry now because is almost at the trend resistance, for TP I'm looking for the next 2 supports.
But also i can see on the graph a possible Head and Shoulders in formation, we will talk when the price meet the first support. Till then, enjoy the SELL.
I will put an entry with SL and TP on the comment section.
Enjoy!
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