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Is IBM poised for a decline? 180 Bearish Setup shows up after sinking 1.84%
IBM closed down 1.84% on Wednesday, August 26th, with volume running 0.5× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 227.81, 225.75 & 222.54, with resistance at 233.08, 236.29 & 238.35.
Current SwingTradeBot Technical Rating of IBM: D
This might just be the start. See what else showed up for IBM today.
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