IBM widens gains - Analysis - 10-09-2019
Economies.com
2019-09-10 14:46PM UTC
IBM's stock rose for the second day after shaking off negative pressure from the 50-day SMA, while trading alongside the main upward medium-term trend line, tackling the resistance of 145.26, as the RSI reached overbought levels.
Therefore we expect more gains for the stock, provided the resistance of 145.26 was breached, targeting the pivotal resistance of 152.88.
Expected trend for today: Bullish
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