IBM Bearish Pattern!!!

2023년 9월 25일

When taking a look at IBM, we an see that it has had an impressive climb over the past few weeks. This bullish climb is also printing a bearish reversal pattern. The rising wedge breaks out to the downside more than it breaks upward. With this being said and the price action approaching the end of the wedge, i would expect a drop from these levels to the next support around 5% down.

If you end up taking a trade, use risk management so you don't lose more than 1%-2% of your account per trade.

Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.

2023년 9월 29일

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