IBM amid positive outlook - Analysis - 15-07-2019

Economies.com
2019-07-15 13:55PM UTC

IBM's stock kept rising amid pressure from the 50-day SMA, with positive signals from the RSI, while trading alongside the upward medium-term trend line, as it gathers momentum to bolster it higher. 

 

Therefore we expect more gains for the stock, provided the support of 140.00 holds on, targeting the pivotal resistance of 145.35. 

 

Expected trend for today: Bullish 

Stocks Technical Analysis

United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...
United States Analysis

Stocks

Vertex price shows more negative signals - Forecast today - 28-02-2024
2024-03-28 11:16AM UTC
Vertex Pharmaceuticals Stock Analysis Vertex Pharmaceuticals Incorporated’s stock price ...