IBM leans on SMA support - Analysis - 18-09-2019
Economies.com
2019-09-18 14:43PM UTC
IBM's stock fell and leaned on the 50-day SMA support, while gathering momentum to help it rise anew, amid negative signals from the RSI, and with the dominance of the main upward trend in the medium and short terms.
Therefore we expect the stock to rise, as long as the support of 138.16 holds on, targeting the pivotal resistance of 145.26.
Expected trend for today: Bullish
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