Current trend lines suggest IBM heading to around $177 by mid July. Possible reversal of trend if trend lines broken are broken. Little indication of a change in trend are given. Most indicators reading flat or short.
Using EW(elliott wave) theory trading system, this is the result I have received.
Not that we used elliott wave levels AND candlestick color from Heiken Ashi.
Example: Price is bullish and goes to a EW zone. We want to short it there, BUT if there is no 2 bearish candlesticks on the Heiken Ashi chart at that zone...we do NOT enter!!
