Double top of IBM

21 february 2022 107
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
Load the latest quotes
Full screen

A quite negative technical situation is emerging for IBM: a “double top” was materialized on the chart and the neck line at 127.3 was broken top-down.


If it fails to return above 127.3 within the nearest days, the downward movement can intensify towards the minimum of the past year of 114.52.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
Comments
New Popular
Send
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!