IBM is hot again! Swing trade.
IBM weekly chart is currently in a downtrend but bullish cross of moving averages and potential break of the trend line could signify a change of trend and a profitable long trade.
I would wait for for the price to break the trend line (black line on the chart) to enter a long swing trade with a stop loss not too far to protect from a failed break.
Levels and targets on the chart.
Trade safe.
I would wait for for the price to break the trend line (black line on the chart) to enter a long swing trade with a stop loss not too far to protect from a failed break.
Levels and targets on the chart.
Trade safe.
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