$IBM

(Click chart to enlarge)

(Click chart to enlarge)

IBM looks set to breakout to new highs soon.  Over 212 marks a new uptrend and if this market rally continues, I would expect that to happen.  IBM has been consolidating in the 180-210 range since Feb 2012, tripple topping at 211.  I will be looking to get long IBM on a 212 break.

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  1. Pingback: $IBM | Flood City Trades

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