IBM Corp Daily (10.Sep.2014) Technical Analysis Training
The IBM Corp (NYSE:IBM) Daily Diagram Technical Analysis training shows the following:
IBM share has declined following a resistance red line into a triangle. The weekly diagram is neutral.
So the first think in mind is the reaction from the KUMO.
We have no special candlestick pattern. The share is on the KUMO and under the Tenkan Sen too (green line). The SPAN A is above SPAN B.
There is no special pattern.
Long for the upper resistance first. Stop loss under the KUMO.
**In a long term view I saw a reversal pattern that could drive the share at 220 and upper.
IBM share has declined following a resistance red line into a triangle. The weekly diagram is neutral.
So the first think in mind is the reaction from the KUMO.
We have no special candlestick pattern. The share is on the KUMO and under the Tenkan Sen too (green line). The SPAN A is above SPAN B.
There is no special pattern.
Long for the upper resistance first. Stop loss under the KUMO.
**In a long term view I saw a reversal pattern that could drive the share at 220 and upper.
