IBM: Bearish Wave Is Coming!
hey traders,
IBM gives us a perfect shorting opportunity.
we have a lot of clues:
bearish trend on a daily,
touch of the major trendline,
rsi divegence,
horizontal structure on the left,
fib.confluence
based on that I believe that soon we will see a strong bearish wave.
the initial target will be 130.0
the second target will be 120.0