Thread regarding IBM (IBM)

IBM slips below pivot

IBM stock slid from $251.98 to $242.27 last week, with a sharp 3.15% drop Friday. As a holder, I wonder if it can rebound? It’s below its $251.40 pivot, but analysts see 1.5% upside. With AI and cybersecurity in focus, recovery’s possible. But it’s not guaranteed. Stock hasn’t been performing well for a while. If problems are structural, it might be time to ditch.

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