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Re: rimshot post# 6

Tuesday, 10/27/2015 2:55:26 PM

Tuesday, October 27, 2015 2:55:26 PM

Post# of 58
IBM sellers control the IBM price action while below 138.40 level

lowering IBM protective stop to above 137.98

bidding near the 137.30's for partial exit

will stay for rest of short size unless stopped out above 137.98

new five-year intraday low price today for IBM

Alert: IBM sellers need to contain the price action below the daily 21,2 and 50,2 lower Bollinger Band in order to continue to even lower prices ... be sure to use the entire suite of Bollinger Band tools as described at bollingeronbollingerbands.com

if the selling continues for more days, set your Bollinger Band settings to 3 standard deviations as well as the 2 std deviations

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