Wyckoff Wave and Components Technical Analysis 8/1/18
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Tag: IBM
We want to enter short positions at the market in IBM and BMY.
IBM continues to make lower highs and we think that last weeks rally was a correction of the recent decline from $157. We would enter…
We are going short IBM at the market, current price $146.57
IBM is trading much weaker than the Wyckoff Wave, and appears ready to probe the downside once again in its long downtrend. The Wyckoff Wave…
Does The News Move Stocks?
Click Here For Wyckoff Wave Chart 04-19-13 A week ago Friday (the day after point B), the Wyckoff Wave put in a lack of demand…
