Wednesday, January 23, 2013

Chartology: Big Blue Edition (IBM)

Mind the gaps.
From Slope of Hope:

Breathtaking Gap Fill
One of the big standouts in today's rally is, of course, International Business Machines. I noticed something remarkable about it, however. From October 16 of last year, there was a gap at 208.56 to be filled. Even though that was more than three months ago, IBM surged today to a high of 208.58 and then retreated. Pretty interesting, yes?...MORE
0123-IBM