IBM
Bullish Closed

A Price Action Channel Down pattern formation on the 4 Hour time frame chart supports IBM Bullish bias. A break of 164.65 will support the rise towards the target of 168.76 the break of 168.76 would push the price to 171.50.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 169.96
  • Support S1: 169.69, S2: 169.53 , S3: 169.26
  • Resistance R1: 170.12 , R2: 170.39 , R3: 170.55