IBM shares stand on fragile ice

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  • Analyst AZAforex
IBM shares stand on fragile ice

IBM shares stand on fragile ice

IBM shares fell in price very sharply and with a large gap. But the price stayed at this support level and tested it 3 times for strength. The resistance turned out to be much stronger than it seemed at first. Therefore, the bears are now in some confusion, but persistently try to break through this level. When this barrier is broken, we will join the bears.

Symbol: IBM
Order Type: Pending Order - Sell Stop
Entry Price at 119.80
Take Profit at 118.00
Pips Earning: 180

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1430
USDJPY buy at the price of 114.30
GBPUSD sell at the price of 1.3350
USDCHF buy at the price of 0.9215

The result of a trade recommendation.

The result of a trade recommendation.

Quote
Trading recommendation for stock market shares
The profit can be $180.00 if the trading volume of 100 Shares.
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