IBM
Hi guys I post my trading idea for IBM . I have the belief that IBM is going to fill the gap between the price levels of 17/4/2018 and today . The view came to me from the indicators i use is hopefull because ADX is aboce the bottom leves and +DI is at an uptrend , also RSI is at an uptrend and the price of IBM has to go higher to reach the levels of overbought levels of RSI . The market generally tend to fill those gaps everytime so i think that long trade at IBM with a take profit at 158$ is a good trade. Also the price didnt break down the level of the EMA(200) so as it hold the price above the EMA(200) it has a serious probability to go high again. Have fun !
