Bullish Breakout on IBM?

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International Business Machines Corporation (NYSE:IBM)

NYSE:IBM International Business Machines Corporation

Trend Analysis IBM longsetup

trendanalysis ibm longsetup

snapshot

As you can see here, we are above VWAP therefore I think with enough volume, and a strong hiekin ashi candlestick close above the resistance line, on the 5 minute chart then I believe we are valid for a strong breakout. Definetely keep this stock on your watchlist.

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