IBM has been on a run due to new of them providing Metaverse Intrastructure.
This pullback just looks like a big profit taking break so the inside Day from Friday could be a sign of reversal. Looking to enter on the breakout and shoot for 3:1 reward but if it pauses at the top I will move stop loss up to 2:1.
This pullback just looks like a big profit taking break so the inside Day from Friday could be a sign of reversal. Looking to enter on the breakout and shoot for 3:1 reward but if it pauses at the top I will move stop loss up to 2:1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.