International Business Machines Corporation has broken through a support line of a Triangle and suggests a possible movement to 120.93 within the next 44 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 195 days.
ARTÍCULOS RELACIONADOS
There is a possibility of a big movement on V after a breach of the resistance
The breakout of V through the resistance line of a Triangle could be a sign of the road…
Supports and resistances are primary concepts of technical analysis. NKE is heading for an important price of 72.8900 – read about what this could mean for the future.
NKE is approaching a support line at 72.8900. If it hits the support line, it may break through…
INTC is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 49 days.
INTC is moving towards a resistance line which it has tested numerous times in the past. We have…