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Repuzel

IBM

Long
International Business Machines Corporation (NYSE:IBM)  
Repuzel Updated   
NYSE:IBM   International Business Machines Corporation
Trend Analysis Chart Patterns IBM nyse
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trendanalysis chartpattern ibm nyse
Long story short - IBM hit critical support area, giving it a recovery potential.

Target 159.5
Comment:
IBM hit the second support line at ~145 and has bounced a bit, I will most likely open the long here today, I'll just wait a bit to see if it can be caught slightly lower during mid-day trading.
Trade active:
Opened long at 145.97

TP: 159.5
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