IBM: Big Blew
Well, if I may offer the bears a faint wisp of hope – – and God knows we need it – – International Business Machines (IBM) just had a massive failed bullish breakout pattern.
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This negates a possibility that had struck terror in my heart, which was the idea of an analogous rise similar to what happened following the 2010 breakout.
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Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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