There's no reason for a golden cross here. See the spinning top candle on the 1D chart at the top of the chart indicating a top.
You can bet that people have been betting against IBM for the whole time it's been mooning. The top is finally in, both in this stock and SPY/Macro in general. The only reason this has pumped was due to post-dividend distribution market mechanics in my opinion.
With dividend distributions completed + Net Capital times passed, it's time for this stock to dump along with the market.
You can bet that people have been betting against IBM for the whole time it's been mooning. The top is finally in, both in this stock and SPY/Macro in general. The only reason this has pumped was due to post-dividend distribution market mechanics in my opinion.
With dividend distributions completed + Net Capital times passed, it's time for this stock to dump along with the market.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.