IBM Rising Wedge Short

7 בפבר׳ 2019

We see some good jumps on the chart, is it possible that it is time for a pullback by this rising wedge?
The wedge is closing in so the answer is near, just like the USDCHF trade I'm not trading it yet.

Would like some feedback, or a like!
Thanks for reading

12 בפבר׳ 2019

הערה

Still nothing to add here, the wedge is still valid and at the moment testing for the support.
If traded I would recommend for a breakout or tight SL.
The breakout can't take very long anymore.

13 בפבר׳ 2019

הערה

Had to even stretch the lines, still in this wedge.
As said yesterday it can't take much longer, in maximum two days I expect to see the outcome of this wedge.

20 בפבר׳ 2019

הערה

This IBM just really don't know what to do. It should have dropped a lot more then it's doing now. This wedge was either not valid or it's really a fight between bulls and bears now.