Wednesday, July 20, 2011

The AntiBrokers - Technical Analysis: International Business ...

International Business Machines Corp. (NYSE:IBM)

Technical Features:

A: ?Long-term uptrend.

B: ?Support at $140.

C: ?Short-term support at $160.

D: ?Support at $120.

Technical Analysis:?

IBM appears to be having some problem in the $160 to $180 range. ?If IBM breaks short-term support (C) at $160, continue to hold as long as it stays above the long-term uptrend (A) and support (B) at $140. ?A break of support (B) would be a strong sell signal with an initial target of support (D) at $120. ?If you are thinking of buying, wait until IBM clears the $180 level.?

Summary: ?Buy. ?

Source: http://hipegg.blogspot.com/2011/07/international-business-machines-corp.html

mason paolo nutini paolo nutini elbow coldplay tina turner stella mccartney

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.