ownsov

Long IBM @ 136.05. Fractal breakout.

Long
ownsov Updated   
NYSE:IBM   International Business Machines Corporation
IBM crossed the last daily fractal of 136.05 today. The Alligator's mouth is closed in both daily and weekly charts.

Price has been above and around the weekly teeth, which could mean the beginning of a weekly wave c.

Adding on any other signals. Stop loss is close below the daily teeth.
Trade closed: stop reached:
IBM closed below the daily teeth @ 132.84.

Position closed @ 132.71.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.