Is $IBM Buy Now?
I believe so, it can still hit $180 levels, but the sector 
XLK is down over 12% since Sept high. On September 21 there was high volume which was a good signal of what to come. Earning may have triggered the sell off but smart money exited or shorted last two weeks of September before the stock printed its 52-week high. Now, I am adding small positions for a possible bounce back to $195 area with stop loss at July Low. Good Luck!
XLK is down over 12% since Sept high. On September 21 there was high volume which was a good signal of what to come. Earning may have triggered the sell off but smart money exited or shorted last two weeks of September before the stock printed its 52-week high. Now, I am adding small positions for a possible bounce back to $195 area with stop loss at July Low. Good Luck!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.