144.7000
Change
0.4800
Change %
0.3328%
Open
144.7000
Close
144.7000
High
144.7000
Low
144.7000
IBM buoyed by positive pattern - Analysis - 13-06-2018
2018-06-13 12:27:41 GMT (Economies.com)
IBM buoyed by positive pattern - Analysis - 13-06-2018
 

IBM's stock rose in the intraday levels, scoring a fresh profit of 0.20% in the last session, or 0.29 points, as the stock gets buoyed by a positive pattern that formed in the short term, the Double Bottom pattern, shaking off the negative pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, as long as it settles above 146.20, targeting the resistance of 152.09 as a price target for that forming technical pattern. 

 
 
 
  Symbol Last Change Chg.%
1.1657
0.0065
0.5633%
1.3263
-0.0001
0.0041%
16.445
-0.113
0.682%
69.320
4.947
7.686%
75.59
2.53
3.46%
1269.655
-10.115
0.790%
 
 
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