IBM shares resumed upside movement.
Yesterday’s movement ended with a pair’s correction to the support level 191.6 where the additional uptrend line.
In general the price demonstrates quite a chaotic movement.
In case the additional upside trend line at 191.6 is passed the correction will last up to the support level 190.4 where the upside movement will be resumed.
Computer sector graph is still in bullish correction at 30% level.
Relative strength of the shares remains the same in the X column.
In case the market opens up the upside movement will last up to the resistance level 194.0-194.8.
Support levels: 191.6
Resistance levels: 194.0-194.8