January 20, 2012

IBM Chart Analysis

  • IBM is getting support near 200 SMA.
  • Price if closes above 20 Day SMA should favor bulls for the coming weeks.
  • Weekly chart is staying below Middle bollinger band for now. Today's weekly close should give good direction for the coming weeks.
  • Long term up trend looks safe above the weekly cloud.
  • ES CHANNEL UPDATE


No comments:

Post a Comment