IBM rallies - Analysis - 22-04-2021

2021-04-22 12:04:17 GMT (Economies.com)
 

IBM's stock spiked 3.90% in the last session while trading alongside the upward medium-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the resistance of 151.80, provided the support of 135.90 holds its ground. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.2135
-0.0038
0.3122%
1.4125
-0.0011
0.0806%
Tadawul
10322.68
86.96
0.85%
27.477
-0.328
1.178%
65.418
0.026
0.040%
68.55
0.41
0.60%
1832.830
-11.395
0.618%
 
 
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