Hey, MC... this IBM daily has suddenly gotten way less bullish than it was last week:
stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G
Break below 50 dma AND uptrend line on a gap with big volume. Also, it's really hard to look at that move off the 76.75 low as anything other than 3 waves, even if we don't wave individual stocks <g>
You have thoughts here? I'm Dow-bullish in the mid-term,but that's not a chart that offers much for the short term....
the freep |
