IBM
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports IBM Bearish bias. A break of 189.64 will support the fall towards the target of 186.89 the break of 186.89 would push the price to 185.06.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 200.76
  • Support S1: 200.34, S2: 199.91 , S3: 199.49
  • Resistance R1: 201.19 , R2: 201.61 , R3: 202.04