Looking at IBM and expecting this chart to revert some of its recent price advancements. With the general sentiment of the market and the massive post-earnings gap-up, I am expecting this to fill the gap to the down side and possibly more. This all depends on how the rest of the technology sector behaves, but the recent price action does not make me hopeful that IBM can sustain the price action of the last few months.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.