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 228.77
  • Support S1: 228.28, S2: 228.00 , S3: 227.51
  • Resistance R1: 229.05 , R2: 229.54 , R3: 229.82