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 217.81
  • Support S1: 217.06, S2: 216.08 , S3: 215.33
  • Resistance R1: 218.79 , R2: 219.54 , R3: 220.52