IBM is showing good consolidation and may be setting up for a breakout. Larger slower moving stocks like IBM can be tricky to trade during consolidation so stops are important.
1. Not up 3 days in a row
2. Linear previous momentum leg (but there is a risk of gap fill to the downside)
3. Stock is in early phases of an uptrend i.e. not extended
4. Has not had a significant breakout or breakdown during the consolidation phase
5. Consolidation is nice and clean with narrow range days, lower volume , and can even be pointing down.
Buy = $134.86
Stop = $133.29
Shares = 40
1. Not up 3 days in a row
2. Linear previous momentum leg (but there is a risk of gap fill to the downside)
3. Stock is in early phases of an uptrend i.e. not extended
4. Has not had a significant breakout or breakdown during the consolidation phase
5. Consolidation is nice and clean with narrow range days, lower volume , and can even be pointing down.
Buy = $134.86
Stop = $133.29
Shares = 40
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.