For those who think the market in general and technology in particular are over valued, one sale candidate may be IBM.
Technically we have reached the first and second objectives of a Harmonic Cypher pattern began in early April.
Secondly a Bearish Wolfe Wave pattern appears to have formed.
RSI is overbought but there is no divergence yet,
If we close several times below $266 (the February triple top) then this may be a confirmation signal.
More confirmation would be a breach of the WW's 1-3 line marked in red.
If this occurs my target would be the $240 area.
Always assess the market and sector direction before entering a position
Do your own due diligence,,, not investment advice.
Good Luck
S.
(Note this is a shorter term chart)
Technically we have reached the first and second objectives of a Harmonic Cypher pattern began in early April.
Secondly a Bearish Wolfe Wave pattern appears to have formed.
RSI is overbought but there is no divergence yet,
If we close several times below $266 (the February triple top) then this may be a confirmation signal.
More confirmation would be a breach of the WW's 1-3 line marked in red.
If this occurs my target would be the $240 area.
Always assess the market and sector direction before entering a position
Do your own due diligence,,, not investment advice.
Good Luck
S.
(Note this is a shorter term chart)
액티브 트레이드
On our way if you have a profit take 1/3 and wait to re-enter
S
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.