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Ben_1148x2

IBM - further to go

Short
International Business Machines Corporation (NYSE:IBM)  
Ben_1148x2  
NYSE:IBM   International Business Machines Corporation
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
IBM opens with an island top. The last time that it had bearish divergences into a 52w high it drew down 20% over 100 sessions. airgap to the 160-165 range aligns to the 0.618. The next airgap to 150 aligns to the 0.786.
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