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IBM sold off hard after a massive run. The stock climbed over 50 percent last month, before falling 18 percent so far in June.
Scott Bauer doesn’t think the story is over in IBM.
He highlighted the stock on the Schwab Network’s Big 3 segment, where he broke down what he’s seeing in IBM’s chart, and how he would consider trading it.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
