IBM broke a weekly trend line closing at 144.08. I would expect a pull back to support at 139.34ish before it bounces back or moves lower. Next level below 139.34 is 121.23.Neutral outlook at the moment
Comment:
IBM continues to grind down. I would expect the test of support this week.
Trade closed: target reached:
I stopped following it, because of other engagements. However after reviewing the chart it broke down and then popped out