IBM's stock kept rising in the short term with a 0.57% profit, or 0.77 points, amid the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the resistance of 138.54, representing the ratio 50% of Fibonacci retracement levels for a descending wave in the medium term (from 171.13 to 105.94). 

Expected trend for today: Bullish