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Important price line being approached by International Business Machines Corp.. This price has been tested numerous times before.

International Business Machines Corp. is moving towards a line of 148.11 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If International Business Machines Corp. continues in its current trajectory, we can expect it to reach 148.11 within the next 14 hours.

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