IBM which was on an uptrend seems to be bit tired right now however its not weak yet.
Technically it faces tough resistance around $208.65 & $210.59 where it need to absorb good supply and only continuous closing above $211 will make it further strong else not. And as long it maintains $196/195 on the lower end there's nothing to worry.
Regards,
Manish Bothra.
Note: Its my personal technical findings.
Technically it faces tough resistance around $208.65 & $210.59 where it need to absorb good supply and only continuous closing above $211 will make it further strong else not. And as long it maintains $196/195 on the lower end there's nothing to worry.
Regards,
Manish Bothra.
Note: Its my personal technical findings.
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