The IBM shares have nearly reached the resistance level 181.2 where additional line of the downward trend is drawn. Despite the ascending movement of the computer sector, the main IBM tendency remains descending. The relative strength chart is located in the X-column indicating the purchasers’ force.
It is recommended to buy IBM shares when the main descending trend line 183.6 has been overcome.
FX.co ★ IBM Shares survey according to the Point and Figure charting for January 19, 2012
Forex Analysis:::