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A Continuation Pattern in IBM

After forming an island bottom back at the beginning of the year, IBM shot off like a rocket, running from 120 to 150.

It has since worked off its overbought condition and looks ready for another move higher.

Watch this video to see my technical take on the stock as well as an option trading strategy to consider.

by Steven Place

Steven Place is the founder and head trader at investingwithoptions.com/