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Analysis: #NYSE $IBM

Case 116 #International_Business_Machines Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#IBM 1/4
Chart 1
Monthly Chart: Ever since peaking at 215.90 in March 2013, IBM has lost half its value but found #support on the 26 year #trendline. #Resistances above are tough and upside moves are quickly stifled by .....

IBM 2/4
..... heavy selling. We expect the broad two way action range play to continue for the next couple of years.

IBM 3/4
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