IBM: Bearish Wave Is Coming!

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hey traders,

IBM gives us a perfect shorting opportunity.

we have a lot of clues:
bearish trend on a daily,
touch of the major trendline,
rsi divegence,
horizontal structure on the left,
fib.confluence

based on that I believe that soon we will see a strong bearish wave.
the initial target will be 130.0
the second target will be 120.0

Chart PatternsforecastIBMinternationalbusinessmachinesoptionssignalsStocksTrend AnalysisWave Analysis

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