International Business Machines Corp. has broken through the support line of a Support. It has touched this line numerous times in the last 28 days. This breakout shows a potential move to 131.17 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Important price line breached by AAPL. This price has been tested numerous times before.
AAPL has broken through 208.4700 which it has tested numerous times in the past. We have seen it…
Rare set of bearish consecutive candles on the AMZN 4 hour chart. Can we expect a turn-around?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
CVX is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
CVX is heading towards the support line of a Rising Wedge. If this movement continues, the price of…