The Keystone Speculator?: IBM International Business Machines ...

Nasty negative divergence showing for Big Blue so price should receive a spank down now. The folks buying the last few days, further helping fuel the Divvy Stock Bubble, are the bag holders. The longs should receive a second chance to jump ship, however, since the weekly chart has some momo behind it and should want to see another high in price after a move down, so the path shown by the black line in the right margin is a projection of down, then back up, then roll over. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.

Source: http://thekeystonespeculator.blogspot.com/2012/03/ibm-international-business-machines-big.html

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