The IBM shares have overcome the descending trend line in the point 183. 2, providing the strong signal for BUY-deals. The relative strength chart is located in the X column indicating the purchasers’ force.
The computer sector chart is located within the bullish confirmation structure at level 40% and continues its growth. This fact also confirms the high purchasers’ pressure.
Today it is possible that the little correction towards the support level 186. 4 will take place. From there the ascending movement is to resume.
As the main tendency remains ascending, it is recommended to buy the IBM shares.
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