IBM Approaching Channel Resistance – Bear Call Spread Setup?IBM has rallied strongly within a clear ascending channel since late 2023, pushing recently into all-time highs and testing the upper boundary of the structure. This level has acted as resistance multiple times in the past — and we may now be approaching another potential rejection zone.
🔍 Key Tech
375 ARS
5.52 T ARS
57.46 T ARS
About International Business Machines Corporation
Sector
Industry
CEO
Arvind Krishna
Website
Headquarters
Armonk
Founded
1911
ISIN
ARDEUT110202
FIGI
BBG000FSK179
International Business Machines Corporation (IBM) is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems. Cognitive Solutions includes Watson, a cognitive computing platform that has the ability to interact in natural language, process big data, and learn from interactions with people and computers. The GBS segment provides clients with consulting, application management services and global process services. The Technology Services & Cloud Platforms segment provides information technology infrastructure services. The Systems segment provides clients with infrastructure technologies. The Global Financing segment includes client financing, commercial financing, and remanufacturing and remarketing.
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Surprising ups and downs in global indicesJune brought contrasting moves across global stock markets: while the U.S. and Asia posted gains, Europe struggled under pressure. Rising tensions between Iran and Israel, political instability in the EU, and shifting rate expectations fueled volatility. In search of stability, investors turned to U
IBM: Still BullishAfter the increases over the recent weeks, we still place IBM within the magenta wave (3) and expect a bit more bullish headroom in the short term. However, in our medium-term alternative scenario, we would see a larger pullback with the green wave alt. . Such a detour is considered 30% likely and
IBM – Long Trade Setup📈
🔍 Pattern: Bullish pennant breakout
📍 Entry: Around $281.88 (breakout confirmation)
🎯 Target: $287.52 (green resistance zone)
🛑 Stop-loss: Below $278.50 (support area)
✅ Why this trade?
Strong uptrend with clean pullback
Breakout from consolidation (pennant)
Solid volume and momentum follow-th
NLong

IBM: Strategic AI and Hybrid Cloud Expansion Signals Bullish Ups
Current Price: $277.22
Direction: LONG
Targets:
- T1 = $285.00
- T2 = $293.50
Stop Levels:
- S1 = $270.50
- S2 = $265.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to
NLong

IBM Strong uptrend and may see target at 302NYSE:IBM uptrend remain strong and we have been holding on to it since our last report sharing
Price action shows a clear uptick above the 123.6% Fibonacci extension level and with that, we see a strong potential bullish upside as there is not strong bearish reversal at 123.6%.
Hence, we are
NLong

IBM Wave Analysis – 11 June 2025
- IBM broke key resistance level 270.00
- Likely to rise to the resistance level 290.00
IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May).
The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the interme
NLong

IBM Breakout in Motion: Eyes on $282.81 🚀"
📝 Caption/Description:
✅ Long Trade Setup on IBM (30-min Chart)
🔹 Entry: $276.29
🔹 Stop Loss: $273.96
🔹 Target: $282.81
🔹 R:R Ratio: ~1:2.7
🔸 Ascending triangle breakout with bullish volume spike
🔸 Minor resistance at $279.18 — monitor price reaction
📊 Strategy: Breakout + Trend Momentum
🦅 Char
NLong

IBM heads up at $273: Serious Resistance may give a Dip-to-Buy IBM has been flying to new All Time Highs (finally)
Now testing a serious resistance at $272.98-273.65
It may need to retest support zone $267.46-267.86
.
Previous Analysis that caught the EXACT BOTTOM:
Hit the BOOST and FOLLOW to encourage more such PRECISE ideas.
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IBM Wave Analysis – 3 June 2025
- IBM reversed from the support zone
- Likely to rise to the resistance level 270.00
IBM recently reversed up from the support zone between the support level 255.90 (low of the previous correction 2), the 20-day moving average and the 61.8% Fibonacci correction of the upward impulse from May.
The
NLong

See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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