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	Comments on: IBM Swing Trade Idea 7-14-26	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/ibm-swing-trade-idea-7-14-26/#comment-39445</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 14 Jul 2026 20:50:22 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/ibm-swing-trade-idea-7-14-26/#comment-39444">EMFO</a>.</p>
<p>Here&#8217;s my daily chart of ORCL, which offers an objective long entry here at the 128ish support and/or down to the <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line (off the 2020 lows) with a stop on a solid close below as the stock extends the bullish divergences that were in place at the previous lows a few months ago.</p>
<p>Normally, I would take the stock here and/or pass it along as an official trade (and still might). However, my one reservation is the fact that ORCL may have put in a major top with the blow-off highs in late 2025. If so, that 82% bounce from the early Feb &#038; April 10th divergent low might have been the only bear market rally the stock has in it off this support level (I had highlighted ORCL as a long back around both those lows, link to ORCL tag with those posts/videos below). I also warned the run was likely over in the June 1st post..the exact day that huge run ended with the stock falling 50% from there:</p>
<p><a href="https://rightsideofthechart.com/tag/orcl/" rel="ugc">https://rightsideofthechart.com/tag/orcl/</a></p>
<p>Either way, most certainly objective to go long here at support (again) and/or down to that uptrend line off the 2020 COVID lows that comes in just below, with a stop somewhat below, even if just for a reflexive, oversold bounce. G-luck &#038; thx for pointing it out.</p>
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		<title>
		By: EMFO		</title>
		<link>https://rightsideofthechart.com/ibm-swing-trade-idea-7-14-26/#comment-39444</link>

		<dc:creator><![CDATA[EMFO]]></dc:creator>
		<pubDate>Tue, 14 Jul 2026 20:18:58 +0000</pubDate>
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			<content:encoded><![CDATA[<p><a class="bp-suggestions-mention" href="https://rightsideofthechart.com/members/rsotc/" rel="nofollow ugc">@rsotc</a> Hi Randy,  similar to IBM, it looks like ORCL might be primed for a counter trend bounce.<br />
Please provide a chart with your analysis.  Thank you</p>
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