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Old 02-15-2017, 03:54 PM   Nav to Top  #1
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Default This Is Huge: IBM Slamming Into Gap From 2014

Shares of International Business Machines Corp. (NYSE:IBM) are slamming into a major gap, created from an earnings miss in October 2014. Levels like this are usually SERIOUS resistance and I am going to short this tech company. Just to put it in perspective, IBM is up 55% in the last year. So calling the stock extended is not an over statement. I am looking for a retrace pull back to $164.00 from $182.00. This will net solid profits in a few weeks to a month.

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