International Business Machines Corporation is heading towards 124.19 and could reach this point within the next 37 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
PFE – breach of price line that’s been previously tested numerous times before
The breakout of PFE through the 25.5400 price line is a breach of an important psychological price that…
AMD has broken through support of a Channel Up. It has touched this line at least twice in the last 37 days.
AMD has broken through the support line of a Channel Up technical chart pattern. Because we have seen…
If you’re long NKE you should be aware of the rapidly approaching level of 74.0000
NKE is about to retest a key horizontal support level near 74.0000. It has tested this level 4…