IBM winding up for a pop

٢٤ مارس ٢٠٢٢

I know my idea is simple and your welcome to check it with your own indicators but I propose that this stock is preparing for a torrential uptrend which will finally end a multi year downtrend. The reason is because the price is finding itself bound up within a tighter and tighter trading range over the past year. And with pressure must come release. Sure, we could see a break to the downside but fundamentally it just wouldn't make sense. The free cash flows are great and that's what investors look for when examining companies. This horse is gonna run! 🏇