TECH Buy 01.05.2024 08:34
IBM Corp.: wave analysis
The price is in a correction and may grow.
On the daily chart, the fifth wave of the higher level 5 develops, within which the wave (3) of 5 forms. Now, the third wave of the lower level 3 of (3) has ended, and a local correction is developing as the fourth wave 4 of (3). If the assumption is correct, the asset will grow to the area of 220.00–240.00. In this scenario, critical stop loss level is 150.70.
TECH Sell 24.04.2024 08:29
IBM Corp.: technical analysis
Shares of IBM Corp., a giant in the development and sale of hardware software, are trading at 182.00.
Indicators
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Sell