IBM LONG OPPORTUNITY
1. Bullish divergence on the MACD.
2. Price bouncing on the 0.618 retracement
3. Momentum suggests a breakout may happen if it does, buying on the breakout would be a good idea.
2. Price bouncing on the 0.618 retracement
3. Momentum suggests a breakout may happen if it does, buying on the breakout would be a good idea.
Note
ONLY buy on the breakout it may not get through resistance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.