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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: dan36 who wrote (96827)5/9/2000 2:11:00 PM
From: Jenna  Respond to of 120523
 
IBM will have a 20 day moving average breakout at 109.. I do however see 'downside risk' not like they said on CNBC. After an ascending triangle formation IBM actually broke out to the downside only because of doubt in the entire sector. I would probably wait as high as the 50 day moving average breakout (112) to enter anything but a daytrade. don't trust this market.