Trader's Tips, Part 2: IBM And The Bearish AB=CD

121
As I wrote about in the previous chart for-AAPL, pay attention to the "W" pattern,
As well as the bearish AB=CD pattern (above).
Above, the indicators turned negative for-IBM after point D of the AB=CD, and-IBM sold off.
Then, IBM-halted at a double top, and sold off again.

Take the time to look at how many DOW-30-stocks have negative formations.
This will give you an inside track as to the direction of the overall market.

Today's Nugget: “The four most dangerous words in investing are “This time it’s different”. John Templeton

May all of your trades go well. Don.

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.