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IBM: Completing a bottom with rising volume ahead of earrnings

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International Business Machines Corporation (NYSE:IBM)  
MarthaStokesCMT-TechniTrader  
NYSE:IBM   International Business Machines Corporation
Support and Resistance Candlestick Analysis Volume IBM bottom Earnings technicalindicators techstocks breakout RUN
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supportandresistance candlestick volumestudies ibm bottom earnings technicalindicators techstocks breakout run
IBM is completing an intermediate-term bottom with a breakout from a consolidation, rising above the bottom resistance level and prior sideways action before the downtrend last summer. The stock has rising volume which is a positive sign for this run ahead of the earnings report in 2 weeks.

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Martha Stokes, CMT
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