IBM Rising Wedge Short

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International Business Machines Corporation (NYSE:IBM)

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NYSE:IBM International Business Machines Corporation

trendanalysis ibm risingwedge short bearish feedback

We see some good jumps on the chart, is it possible that it is time for a pullback by this rising wedge?
The wedge is closing in so the answer is near, just like the USDCHF trade I'm not trading it yet.

Would like some feedback, or a like!
Thanks for reading

コメント:

Still nothing to add here, the wedge is still valid and at the moment testing for the support.
If traded I would recommend for a breakout or tight SL.
The breakout can't take very long anymore.

コメント:

Had to even stretch the lines, still in this wedge.
As said yesterday it can't take much longer, in maximum two days I expect to see the outcome of this wedge.

コメント:

This IBM just really don't know what to do. It should have dropped a lot more then it's doing now. This wedge was either not valid or it's really a fight between bulls and bears now.