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International Business Machines Corp. is quickly approaching 126.64. We expect either a breakout through this line, or a rebound.

International Business Machines Corp. is heading towards a line of 126.64. If this movement continues, we expect the price of International Business Machines Corp. to test 126.64 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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