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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Teresa Lo who wrote (78621)1/12/2000 12:16:00 PM
From: Teresa Lo  Read Replies (2) of 120523
 
IBM: Some thoughts on Charts and Technicals

Just looked at the IBM weekly chart - the head and shoulders top we drew eons ago...

intelligentspeculator.com

20-day high here on the daily chart at the pink line. The blue lines were draw ages ago. The key is today's low. If this is broken tomorrow, then a short term top will be in. Also note that this $120 is where the neckline broke on the weekly chart.

intelligentspeculator.com

Intraday chart here.

intelligentspeculator.com

Real-time commentary is at intelligentspeculator.com
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