IBM break out of a 2-year resistance
Observations:
1. Price reached the up side target the upper MLH
2. the giant inverted HS pattern is in the picture, we have a break out
3. if price stay above neck line for 3 more days, then this is confirmed break out
4. further upside to be confirmed by taking the upper MLH out, and trade above it.
1. Price reached the up side target the upper MLH
2. the giant inverted HS pattern is in the picture, we have a break out
3. if price stay above neck line for 3 more days, then this is confirmed break out
4. further upside to be confirmed by taking the upper MLH out, and trade above it.
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