Member
Posted 18 April 2017 - 02:02 PM
Now you will get to see what they do with IBM. And in the convoluted world of the market, that would be anybody's guess. Consensus is for them to EQUAL last years earnings. Of course they tanked it (by seven points) after the same numbers last year and the stock price was almost 16% lower than it is today. So if they beat by three or four cents......is that bullish with the stock price that much higher?
Edited by Iblayz, 18 April 2017 - 02:03 PM.
Volume Dynamics Specialist
Posted 18 April 2017 - 02:07 PM
GS don't care about no IBM, IBM follows it, not the other way around...
The SOX is telling us IBM will be good, LRCX also reports...
I don't think IBM is going to touch anything going on at GS...
Next confluence area is this 208-212 range...
If it falls under it and can't hold it, we could see 194.00 real soon.
Volume Dynamics Specialist
Posted 18 April 2017 - 03:14 PM
SLAMMED ... ends DOWN $10+ on EXTREME VOLUME...
Mark S. Young
Posted 18 April 2017 - 10:18 PM
That looks pretty Bearish by my Chart Smarts eye... such as it is and was.
M
Mark S Young
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Volume Dynamics Specialist
Posted 19 April 2017 - 09:55 AM
Bogus Countertrend Gap Up filled...
Strong trends fill their countertrend gaps...
210-212 likely support for today.
Volume Dynamics Specialist
Posted 19 April 2017 - 11:44 AM
Intraday ABC down targets 212.XX from here...
Volume Dynamics Specialist
Posted 19 April 2017 - 02:24 PM
QCOM after the bell...
Just made a NEW 2017 LOW....
