IBM Wave Analysis – 11 June 2025

- IBM broke key resistance level 270.00
- Likely to rise to the resistance level 290.00

IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May).

The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the intermediate impulse wave (3) from the end of May.

IBM can be expected to rise to the next resistance level 290.00 (target for the completion of the active impulse wave 3).