IBM
Bearish Closed
Charts by TradingView

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports IBM Bearish bias. A break of 218.44 will support the fall towards the target of 212.69 the break of 212.69 would push the price to 208.86.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 224.04
  • Support S1: 222.59, S2: 221.82 , S3: 220.37
  • Resistance R1: 224.81 , R2: 226.26 , R3: 227.03