International Business Machines Corp. has broken through a line of 118.73 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 117.76 can be expected within the next 7 hours.
Related Posts
Is the AVGO poised for a turn-around after 7 consecutive bullish 4 hour candles?
After posting 7 consecutive bullish candles in 6 days, you may start considering where AVGO is heading next,…
A possible move on XOM as it heads towards support
XOM is heading towards the support line of a Falling Wedge. If this movement continues, the price of…
Important price line breached by PYPL. This price has been tested numerous times before.
The breakout of PYPL through the 72.5600 price line is a breach of an important psychological price that…