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Posted On: 02/15/2017 2:50:55 PM
Post# of 102
Shares of International Business Machines Corp. (NYSE:IBM) are slamming into a major gap, created from an earnings miss in October 2014. Levels like this are usually SERIOUS resistance and I am going to short this tech company. Just to put it in perspective, IBM is up 55% in the last year. So calling the stock extended is not an over statement. I am looking for a retrace pull back to $164.00 from $182.00. This will net solid profits in a few weeks to a month.
Stock market analysis on International Business Machines
Stock market analysis on International Business Machines
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I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.
