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IBM falls 1.06% on August 6, leaving the technical picture intact
On Thursday, August 6th, IBM moved down 1.06% while volume shrunk to 0.3× the usual levels. Key support levels exist at 229.77, 226.12 & 223.79, with resistance at 235.75, 238.08 & 241.73. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of IBM: D
There’s more where that came from. See all of today’s signals for IBM here.
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