Upon releasing the bad earning results, IBM gap down and followed through to channel bottom as can be seen from the massive volume. I considered this as climatic selling.
Price move upward and got rejected by 8ema again and touching channel bottom again on Thursday.
Both long at 161, then 160 were triggered, the short-term target is 172.4
Price move upward and got rejected by 8ema again and touching channel bottom again on Thursday.
Both long at 161, then 160 were triggered, the short-term target is 172.4
