IBM climbs through negative pressures - Analysis - 13-12-2018

IBM's stock rose 0.22% in the last session, or 0.27 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, coupled with the dominance of the main downward trend in the medium term. 

Therefore we expect the stock to return lower, targeting the support of 114.09, as long as the resistance of 125.06 holds on. 

Expected trend for today: Likely Bearish