IBM
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports IBM Bearish bias. A break of 191.02 will support the fall towards the target of 187.33 the break of 187.33 would push the price to 184.87.

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