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Benzinga
Benzinga
Business
Mark Putrino

BZ Chart Of The Day: Is IBM's Stock About To Head South?

Shares of IBM (NYSE:IBM) have run into a resistance level. If history is a guide, there’s a good chance that the price is going to move lower.

Resistance is a large group of investors trying to sell their shares at or close to the same price. In this case, it’s $138.

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