Sell #IBM within 141.33-139.54 | 22 Febrero 2019

 #IBM,weekly

Sell #IBM within 141.33-139.54

Technical observation

#IBM shares are trading below a resistance zone 141.33-139.54 and I expect a bounce within it for possible bearish momentum towards 109.78.You can sell this commodity within the above mentioned zone after a rejection with your take profit at 109.78 and stop loss at 149.23.Should there be a clear penetration above 141.33-139.54 bullish movements towards 172.59 can be anticipated, you can wait for a pullback to the just broken zone and a bounce within it to buy #IBM shares with your take profit at 172.59 and stop loss at 129.65 but as long as it is contained below 141.33-139.54, only short positions can be advisable.

Trade recommendation

Sell #IBM within 141.33-139.54 with your take profit at 109.78 and stop loss at 149.23.

#GazpromNef, weekly

Sell #IBM within 141.33-139.54

Technical observation

The commodity on the chart above is trading above a key supportive zone 317.35-312.01, my expectation is a decline to the zone and a rejection within it for possible upwards momentum towards 389.53.Remain flat temporarily and wait for the correction to 317.35-312.01 and a rejection to buy GazpromNef with your take profit at 389.53 and stop loss at 286.64.In case this commodity is not contained above 317.35-312.01 and instead penetrates below it, wait for a correction to the just broken zone and a bounce within to confirm the breakout below the zone is not false before you pick short positions towards 240.64.

Trade recommendation

Remain flat temporarily.

#AIG, weekly

Sell #IBM within 141.33-139.54

Technical observation

#AIG shares are trading below a resistance zone 48.82-47.87 and as long as they’re contained below it only short positions can be expected. Wait for a correction to the zone and a rejection within it to sell #AIG shares with your take profit at 37.17 and stop loss at 51.66.If there is a break below 37.17 with a big red candle, wait for a correction to it confirming further bearish momentum before you continue short with this commodity. On the weekly chart above, long positions may only be recommended in case of a clear breach above 48.82-47.87 with a big green candle followed by a correction to the just broken zone and a bounce within it.

Trade recommendation

Wait for a correction to 48.82-47.87 to sell #AIG.

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:


Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus