IBM
Bearish Closed

A Price Action Rising Wedge pattern formation on the 5 Min time frame chart supports IBM Bearish bias. A break of 190.69 will support the fall towards the target of 190.34 the break of 190.34 would push the price to 190.11.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 191.72
  • Support S1: 191.35, S2: 190.90 , S3: 190.53
  • Resistance R1: 192.17 , R2: 192.54 , R3: 192.99