IBM shakes off negative pressure - Analysis - 20-06-2019
Economies.com
2019-06-20 14:34PM UTC
IBM's stock kept rising in the intraday levels, shaking off negative pressure from the 50-day SMA while buoyed by exiting a descending price channel that limited recent trading, with positive signals from the RSI.
Therefore we expect more gains for the stock, as long as the support of 134.97 holds on, targeting the resistance of 141.70.
Expected trend for today: Bullish
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