IBM
Bearish Closed

A Price Action Rising Wedge pattern formation on the 1 Hour time frame chart supports IBM Bearish bias. A break of 217.99 will support the fall towards the target of 215.98 the break of 215.98 would push the price to 214.64.

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