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IBM Long-Term Trend-Line Breaks

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September 30, 2013 – Comments (1) | RELATED TICKERS: IBM

Nope it's not looking good for the IBM bulls out there. The stock has broken its long-term trend-line and I'm expecting that it has much more downside left in it. 

The stock playing out perfectly as a stock to short.

Here's my technical analysis on IBM:

1 Comments – Post Your Own

#1) On October 01, 2013 at 1:48 PM, chk999 (99.97) wrote:

Sweet! Maybe my limit buy order will hit and I'll get a fill. 

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