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

International Business Machines Corp. has broken through a line of 118.73 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 117.76 can be expected within the next 7 hours.

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We expect a $16,758.04 movement on C within the next 48 hours.

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