IBM medium/long term targets

Short

International Business Machines Corporation (NYSE:IBM)

NYSE:IBM International Business Machines Corporation

trendanalysis indicator fundamental ibm ibmlong ibmlongterm ibmbuy ibmwatson sell short selloff sellsignal

I was inspired by the famous short seller Jim Chanos to put those targets for 2022.

Beside the Fibonacci retracement tool, i also used the Volume profile to see the big support lines.

Target 1: 113 usd
Target 2: 89 usd

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