IBM
The price of the stock plodding at a range of a strong resistance area, around the level of 153.50, as seen on the daily chart.
Over the last few days, the histogram of the MACD indicator is sloping downward, and creates a bearish divergence.
For Forex traders:
Sell between the levels of : 153.50 – 153.30.
Stop loss point : 153.95.
Take profit point : 149.00
For Binary options traders:
A put option between the levels of : 153.50 – 153.30.
Expiry time : June 17.
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