Oct 17 2018 - IBM Next Support 15% Lower...
The major indexes went back and forth today but ended up finishing mostly unchanged.
IBM dropped 7.63% (-$11.07) on heavy volume. If the $134 area cannot hold as support, the next stop is about 15% lower... going back to the January 2016 lows.
We also cover Netflix's (NFLX) earnings move via the Straddle strategy, along with GOOGL, AMZN, AAPL and more.
Have a great rest of the day!
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