Big Blue

It is no secret that I am a fan of IBM (International Business Machines) and hold it as a long-term account holding. The stock currently is set up for a Triple Top Breakout on the Point and Figure chart:

For those not familiar with this style of chart, the B in the second column above represents November (and the move to 190 will be noted with a C). That bullish price objective (PO) of 210 looks very attainable.


Leave a Reply

Your email address will not be published.