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IBM Wave Analysis 11 June 2025


2025-06-11 11:07:43
(MENAFN- FxPro)

IBM: ⬆️ Buy

– IBM broke key resistance level 270.00

– Likely to rise to the resistance level 290.00

IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May).

The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the intermediate impulse wave (3) from the end of May.

-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_1_uk_75_eng.png>

IBM can be expected to rise to the next resistance level 290.00 (target for the completion of the active impulse wave 3).

MENAFN11062025000156011031ID1109663696



FxPro

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