Sunday, July 5, 2026

IBM stock | Uptrend from May to July

 How to read IBM chart?

  1. First, Google AI about IBM stock - 
  2. My blog - IBM stock uptrend - reasons
  3. It took 20 days from support $212 to resistance $334/ share - Day chart
  4. Three days volume is HV1 - super high volume - strong uptrend momentum
  5. Retracement - It took 12 days to retrace to green color OB - order block - Fib tracement showed 67% retracement - but it is still in uptrend, June 18 2026, and then it rebounded June 19 2026, followed big strong uptrend candlestick called RW - rising window on June 20 2026
  6. Now rebound 10 days, red color is EMA9, green color is EMA5, the uptrend is very strong and stable
  7. FVG - ?  Is it too late to act late after 9 day uptrend of rebound? 


Add 2-day VWAP - It helps to identify the uptrend or downtrend - how to pivot from downtrend and rebound - remove EMA 5 and EMA 9 





All - EMA 5 - EMA 9 - 2-day VWAP


One hour chart - Top down analysis - Go to hourly chart


One hour chart - TB candlestick pattern - June 22 2026 - It is time to get in and build a position for a long position - catch uptrend from rebound 






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