The IBM share has made a long term decline under the resistance of the (red). This resistance line is under the KUMO, which means that the IBM is in long term. The weekly diagram shows . The monthly is too.
So the first think in mind is that the share will decline more. The stock in Friday close on its lower low almost. is and too. The on Friday was double the usual.
We have no special pattern. The share is under the KUMO and the Kijun Sen (blue line) too. Last week it failed to get over the Tenkan Sen (green line).
There is no special pattern. The fib from $172.82 to $198.06 shows a 0.236 decline at $178.77 first target.
So I think that the share will decline more.