IBM stock (NYSE:IBM) is a bull market. The general market movement is
currently bullish, but there is now a bearish retracement, which is not supposed
to last long.
Since price broke above the upper Trendline in January 2020, bulls have
been able to sustain the current upwards trend, which would be valid as long as
price does not go below the upper Trendline again.
The RSI period 14 reached the overbought level and turned downwards,
supporting the current bearish retracements. However, the bearish retracement
cannot be a threat to the ongoing bullish outlook on the market, as long as the
RSI period 14 does not slip into the oversold region.
The outlook on IBM remain bullish for this year and price is expected to
recover the recent losses and move further higher.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Trading realities: Trading realities
In this fashion my friend Wesley Virgin's biography launches in this shocking and controversial video.
ReplyDeleteYou see, Wesley was in the army-and shortly after leaving-he unveiled hidden, "mind control" tactics that the government and others used to obtain anything they want.
THESE are the EXACT same SECRETS tons of famous people (especially those who "come out of nowhere") and elite business people used to become wealthy and successful.
You probably know that you use less than 10% of your brain.
That's mostly because the majority of your BRAINPOWER is UNTAPPED.
Perhaps that expression has even taken place IN YOUR own head... as it did in my good friend Wesley Virgin's head about seven years ago, while driving an unregistered, beat-up bucket of a vehicle without a driver's license and with $3.20 on his bank card.
"I'm absolutely fed up with going through life payroll to payroll! When will I finally make it?"
You took part in those conversations, ain't it so?
Your own success story is waiting to start. You just have to take a leap of faith in YOURSELF.
WATCH WESLEY SPEAK NOW