TECH Buy 15.05.2024 08:43
IBM Corp.: wave analysis
The price is in correction, the probability of growth is maintained.
On the daily chart, the fifth wave of the higher level 5 is developing, within which wave (3) of 5 is formed. At the moment, the third wave of the lower level 3 of (3) and a local correction as the fourth wave 4 of (3) have ended, and the development of the fifth wave 5 of (3) is also observed. If the assumption is correct, the price will rise to the area of 205.00–220.00. The level of 159.95 is critical and stop-loss for this scenario.
TECH Sell 07.05.2024 08:29
IBM Corp.: technical analysis
Shares of IBM Corp., a giant in the development and sale of hardware software, are trading at 168.00.