Hi Friends,
The S&P short target of 1054 got filled earlier entered at 1107.Cover IBM short between 124.00$ and 124.50 $ earlier entered at 128. I expect a small bounceback in the Dow and S&P.
Savio
Articles tagged with: IBM
Written By: Savio Rodrigues on June 6, 2010
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Hi friends,
Summary
The Dow succumbed to selling pressure on the last trading session of the week and closed below the crucial 10000 level. The trigger for the sell off was the European debt crisis and also the jobs added which was less than the expected estimate. In my last week’s update I had mentioned that the [...]
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