IBM: ⬆️ Buy – IBM broke resistance area – Likely to rise to resistance level 286.75 IBM recently broke the resistance area between the resistance level 276.00 and the 61.8% Fibonacci correction of the ABC correction (4) from June. The.

IBM: Buy

– IBM broke resistance area

– Likely to rise to resistance level 286.75

IBM recently broke the resistance area between the resistance level 276.00 and the 61.8% Fibonacci correction of the ABC correction (4) from June.

The breakout of this resistance area accelerated the active short-term impulse wave 3 of the intermediate impulse wave (5) from August.

IBM can be expected to rise further to the next resistance level 286.75 (former top of wave B from July and the target for the completion of the active impulse wave 3).