Time To Buy IBM? Price had been moving down the lower BB. We now have divergence, a double bottom / W pattern has formed, a tag of lower BB with several bullish candle reversals, and price has broken the resistance level of the W. Stochastic up with signal cross. A true candle purist will wait until price breaks the falling window pattern as that is near term resistance.
Can buy now intraday, or wait til candle closes on daily chart above nearest point of resistance.
