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rburmeister2

IBM Long - B wave formation

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International Business Machines Corporation (BATS:IBM)  
rburmeister2  
BATS:IBM   International Business Machines Corporation
Wave Analysis Elliott Wave IBM ibmlong Contains IO script
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waveanalysis elliottwaves ibm ibmlong containsioscript
IBM continues to consolidate after dropping down the A wave. If enough buying power comes in this should begin the B wave. Look for a target of around $145. Consider buying options 2 Fridays out once this is confirmed.
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