CFD Trading – Buy IBM Corp. (IBM.NYS) @ $131.35. Stop @ $128.70 and Target @ $137.30

International Business Machines Corp Stock Code IBM.NYS


Price moved and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment.  MACD line is moving above the zero line after a bullish crossover earlier. If price can stay above the cloud, it could be heading towards the next resistance at $137.30


$131.35              Buy

$137.30              Price Target

$128.70              Risk Management Stop

3 weeks              Trade Duration

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