IBM is trading inside a well-defined ascending channel on the daily timeframe, reflecting a steady medium-term uptrend.
Price has recently pulled back sharply toward the lower boundary of the channel (~270–275), which is a critical support zone. This area also aligns with prior structure support.
The current move is a decisive moment:
Either this becomes a bullish bounce from channel support, or a breakdown that shifts structure.
🟢 Bullish Scenario
• Strong reaction and daily close back above 280
• Holding the channel support
• Upside targets:
• 300
• 320
• 340 (upper channel zone)
This would confirm continuation of the primary uptrend.
✅ Long Stop Loss:
• Below 268
• Conservative SL: below 260 (clean breakdown level)
🔴 Bearish Scenario
• Daily close below 270
• Clear breakdown of ascending channel
• Downside targets:
• 255
• 240
• 225 (major structure support)
This would signal a structural trend shift.
✅ Short Stop Loss:
• Above 285
• Aggressive SL: above 292
Trading Notes (English)
• This is a high-probability reaction zone.
• Breakdown trades require confirmation.
• Watch volume behavior near 270 support.
Price has recently pulled back sharply toward the lower boundary of the channel (~270–275), which is a critical support zone. This area also aligns with prior structure support.
The current move is a decisive moment:
Either this becomes a bullish bounce from channel support, or a breakdown that shifts structure.
🟢 Bullish Scenario
• Strong reaction and daily close back above 280
• Holding the channel support
• Upside targets:
• 300
• 320
• 340 (upper channel zone)
This would confirm continuation of the primary uptrend.
✅ Long Stop Loss:
• Below 268
• Conservative SL: below 260 (clean breakdown level)
🔴 Bearish Scenario
• Daily close below 270
• Clear breakdown of ascending channel
• Downside targets:
• 255
• 240
• 225 (major structure support)
This would signal a structural trend shift.
✅ Short Stop Loss:
• Above 285
• Aggressive SL: above 292
Trading Notes (English)
• This is a high-probability reaction zone.
• Breakdown trades require confirmation.
• Watch volume behavior near 270 support.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.