IBM Wave Analysis – 6 January 2026

IBM: ⬆️ Buy

– IBM reversed from support zone

– Likely to rise to resistance level 305.00

IBM recently reversed up from the support zone between the key support level 290.00 (low of wave a from November), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from October.

The upward reversal from this support zone stopped the c-wave of the previous ABC correction ii.

Given the strong daily uptrend, IBM can be expected to rise to the next resistance level 305,00 (which reversed the price in December).

Source: https://fxpro.news