IBM Trading Analysis (23/04/2024)

The trend is ascending. The downward wave structure is finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold state. The breach of the 183.30 level will begin the formation of the ascending wave structure.

Trading idea:

Buy at the breach of 183.30

Stop-Loss at 180.10.

Target price levels at 86.80 and 193.20.

#ibm #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor