$ibm | Bart's Charts

IBM – failure and a new set up

Posted on November 3, 2018 Leave a Comment

11/03/2018 – well our IBM pattern failed and got smoked. As I’ve shown before, the candle on IBM is what a ‘failed pattern’ looks like … so, as you can see below we have another BUY pattern emerging on IBM. It’s got some ‘time’ and ‘price’ to go but I’ll be watching the level shown […]

IBM pattern failure …

Posted on May 21, 2018 2 Comments

11/2/2018 – ouch. The area labeled ‘FAILURE OF PATTERN BELOW’ is one of those levels that ‘should’ have acted as extremely nice support for IBM. Guess the operative word is ‘should’ w/ regard to that last sentence. Take a look at that candle … boom. That folks, is what a pattern failure looks like. so, […]