Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with SP500 technical analysis, stock analysis and more. Read our technical analysis blog to learn more.

May 13th, 2020: IBB 4-hr Chart

Posted by pugsma on May 13, 2020

Back on May 1st, I gave my 2000+ twitter followers this simple IBB chart drawn from my iPhone CNBC application.  IBB was trading hear 120 at the time I called the potential Cup and Handle pattern with a target or 166.

Below is little more detailed IBB 4-hr chart with a C&H target near 160.

IBB May 1st, 2020:

IBB Technical Analysis

IBB 4-hr chart (5-13-20):

IBB Technical Analysis

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: