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Wajeeh Khan

As IBM Stock Breaks Below Its 100-Day Moving Average, Should You Buy the Dip?

IBM Jim Cramer Anthropic International Business Machines

International Business Machines (IBM) shares have lost more than 6% this week after Anthropic launched new plugins for Claude Cowork, signaling it’s now moving into the application layer.

The downward pressure on IBM has pushed its price below a key support level — coinciding with its 100-day moving average (MA), signaling the bearish momentum could sustain in the near-term.

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