International Business Machine Corp (IBM): Showing a bullish sequence and looking for a $400.00 target [Video]

IBM operates in over 175 countries and offers a wide range of products and services, including cloud computing, artificial intelligence, computer hardware, and software.The company is also a leader in quantum computing and has made significant advancements in this field. This article and video look at the Elliott Wave outlook of the IBM. IBM quarterly Elliott Wave chart Quarterly Elliott Wave Chart of IBM above shows the stock formed a bullish sequence.

66 and wave rally ended at 174.59. Wave lower ended at 86.50 which completed wave ) in higher degree. The stock has resumed higher in wave ) and should continue to extend higher. International Business Machine weekly Elliott Wave chart Weekly Elliott Wave View on IBM above shows wave ) pullback ended at 87.62. Up from there, wave I ended at 153.21 and pullback in wave II ended at 120.55.

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