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 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 169.21
  • Support S1: 169.07, S2: 168.83 , S3: 168.69
  • Resistance R1: 169.45 , R2: 169.59 , R3: 169.83