W4DL

IBM Rising Wedge Short

Short
W4DL Zaktualizowano   
NYSE:IBM   International Business Machines Corporation
We see some good jumps on the chart, is it possible that it is time for a pullback by this rising wedge?
The wedge is closing in so the answer is near, just like the USDCHF trade I'm not trading it yet.

Would like some feedback, or a like!
Thanks for reading
Komentarz:
Still nothing to add here, the wedge is still valid and at the moment testing for the support.
If traded I would recommend for a breakout or tight SL.
The breakout can't take very long anymore.
Komentarz:
Had to even stretch the lines, still in this wedge.
As said yesterday it can't take much longer, in maximum two days I expect to see the outcome of this wedge.
Komentarz:
This IBM just really don't know what to do. It should have dropped a lot more then it's doing now. This wedge was either not valid or it's really a fight between bulls and bears now.
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.