IBM is about to break out

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I mostly trade crypto but when I saw the daily chart of IBM, I could not pass on the opportunity given the nice consolidation set up with a potential W break out. I think IBM is a great buy in the 172-170 zone. My near term price targets are 185 PT1 and 195 PT2.

I think IBM will benefit from AI and Quantum compute trend that continues to deliver productivity gains and market moving news and sentiment. I'm accumulating in the buy zone of 172 and below. This is not a financial advice, DYOR.

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ملاحظة

Congrats everyone. We are very close to our first target. 184

١٧ يوليو ٢٠٢٤

ملاحظة

We exceeded our initial targets now to the next level.