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TECH Buy 12.06.2024 09:18

IBM Corp.: wave analysis

Growth is possible.

On the daily chart, the fifth wave of the higher level 5 forms, within which the wave (3) of 5 develops. Now, the third wave of the lower level 3 of (3) has ended, a local correction has formed as the fourth wave 4 of (3), and the fifth wave 5 of (3) is starting. If the assumption is correct, the asset will grow to the area of 205.00–220.00. In this scenario, critical stop loss level is 157.65.

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MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy

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